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


To: Ditchdigger who wrote (24141)3/9/2001 6:17:51 AM
From: Ditchdigger  Read Replies (2) | Respond to of 29382
 
Ken PS: I don't see what significance $9/sh could play in any arb situation..except a technical resistance level..



To: Ditchdigger who wrote (24141)3/9/2001 10:22:49 AM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Ditch

Exactamundo on RDRT. At least there is a floor to the notes of 4.51...Now, assuming that the some of the notes were converted. To my way of thinking, if the present price nets 24+ shares for every one I converted would I not be cashing in at 9 and above for a 100% gain? Then shorting the stock back down to 8ish? Seems to be the pattern anyway.

More at 7.50ish is a good idea with a trade back to 9.

As Micky D says. "find something you do well and do it over and over". It has worked with RDRT...very well.

Ken