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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (23776)2/9/2001 2:24:35 PM
From: JoeinIowa  Respond to of 29382
 
Ken,

My only thought on shorting them was that they were up heavy yesterday with the market down. Now its melting once again and yet they don't go down. They are looking at 30% growth rate this quarter and are already 70% booked. I can attest to that as we tried to order some parts from them and were told there could be a 9 month lead. I also think they have assets worth around $16/share not counting the actual company. If the market goes up I bet they would jump nicely.

Joe



To: Ken W who wrote (23776)2/9/2001 2:30:22 PM
From: JoeinIowa  Read Replies (1) | Respond to of 29382
 
Ken,

Well I covered it at a small profit so it will probably drop like a rock. In which case I plan to go long. What a strategy. LOL.

Any comments on CHK?

Joe