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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (524)10/16/2001 1:28:29 PM
From: Alex MG  Read Replies (1) | Respond to of 99280
 
Yes, I agree, MSCC definitely not a POS and they do have military connection. Interestingly they just had a press release last week "pumping" a recent military contract and they reiterated their guidance. So it seems all the good news is priced in and it's right at the top of it's channel. I already shorted it once this AM and covered for a buck profit. Just re-entered short again at $36.44, so I can now place a stop at $37.5 and if it gets taken out I'm basically even, seems reasonable risk/reward.

edit: placed stop at $37.65 to leave some wiggle room



To: Bocor who wrote (524)10/16/2001 8:37:40 PM
From: Short A. Few  Respond to of 99280
 
Bocor, can you please offer some easier
shorts for a little DD?

I am expecting MSCC to run to at least the
$40 area, given the "channel" and today's
performance, so I'll probably hold my
long 'til that realm, then look for some
retracement.

Appreciate everyone's comments on MSCC, thanks
much.

Best,
SAF


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