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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (12265)7/20/2001 4:35:44 PM
From: isopatch  Read Replies (1) | Respond to of 52237
 
Hi Paul. Sold a little of my LOILY today @ $3.70

for a 48% gain on an av holding period of about 9 or 10 months. Still my largest holding, todays sale notwithstanding.

Will keep the remaining 80% of the position for the cash distribution from TLM and the new stock from Lundin. Going to be interesting to see how much financing the new company will use for the drilling program in the Tarim Basin. And how much leverage there'll be on the new balance sheet.

Sold mod size position in gold stock ECO @ .98 vs .93 basis for a ST gain on about a one week hold.

Have to laugh. Was steamin' yesterday when I missed the market at .97 by a coupla seconds. .98 was the hi today. So I got lucky...for once.

Those trades bring my cash level up to 75%.

How are you currently positioned.

Best regards,

Isopatch