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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (55193)10/10/2001 12:25:28 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
As I posted earlier in the DayRaiders room, I am out of CPHD, but would not risk shorting it like I would normally do a momo. . . due to the probability of sudden news about another of the 500 workers at American Media having flu-like symptoms and being hospitalized. That would be enough to cause the stock to instantly jump 2 or 3 bucks in my opinion. And I don't have the time to babysit.

So after buying originally at $1.56. . .selling near $3. . .reloading in the 2's. . .averaging up in the 5's, then riding up past $10 and selling out today. . . I am happy to move back to the sidelines.

However, there are so many shorts lined up for this one that I believe they will successfully knock it back under $7 today. Just prefer to sit this one out. . . new less risky tack and all.

Rande Is



To: Bucky Katt who wrote (55193)10/10/2001 12:28:53 PM
From: Baton  Respond to of 57584
 
Tradelite & William: HMT - at this price, the effective yield is around 14%.
finance.yahoo.com
They give their call on the 18th, and will probably drop it to a more sustainable 7-8% - BUT, I'm also buying it for price appreciation. I hope to sell it around 11-12 after the travel industry gets back on it's feet. It is currently trading @$7.50. Properties include all the Marriot, Hilton, Four Season, Hyatt names. Not a bad portfolio. I will look to increase position after the CC.
Baton