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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: LemonHead who wrote (17306)11/13/2001 11:09:05 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 18928
 
Nice moves LH, Hope you're staffed up for the holiday season. Looks like there's more customers coming for other inventory items as well.

28% reduction in inventory is significant! Lucky for you and your customers you still have 72% left to sell if the prices climb.

I'm noticing on a couple of my "watch list" stocks that they are asking for Sales when there's still cash left. The cash reserve level for International Game Tech. (IGT) for instance is at 35% on that hypothetical account. Well, since the Idiot Wave is only asking for 30% currently, I marked the account with a "vealie" instead. That eliminated the sale order and postponed the inventory reduction.

That's one of the benefits of a Low Risk environment (IW low risk, that is).

Best regards, Tom