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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: advocatedevil who wrote (51215)	8/28/2001 6:20:55 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 70976

OT -- KKD I've been watching KKD for at least 6 months without taking a position. Everyone (long and short) has been in agreement that KKD has risen on the back of short squeezes. This is another way of saying that the stock does not belong where it's at (at least for now). Last month finally the shorts threw in the towel and short interest dropped by about a quarter. So when KKD reported another glowing quarter and beat the estimates, I was watching carefully for signs of the fizzle. So far I've been right and am sitting on about 13k in paper profits. I expect the stock to pause around 24~26 level. Eventually I think it'll hit 20 and perhaps 15. Of course this is all conjecture on my part and I'll be watching for signs of being wrong. But I really don't think there is much chance of that or I would not have initiated such a strong position. Sun Tzu PS most of the stocks I am trading have no active threads, but the stocks that are not going anywhere have a lot of people talking about them :( If only some of collective talent could be redirected.