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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (17725)12/29/2001 12:04:27 PM
From: rogermci®  Read Replies (1) | Respond to of 19633
 
I don't think it opens down much at all Tom. Possibly before the CC but I don't think the refuse to file is going to be of the serious nature. If the stock gaps down below 48 pre 8:30 am CC I'll be buying hand over fist. I just tendered 22% of my long term holdings for $70 to BMY. I doubt they would have paid that much without serious DD but then again you never know. My original cost is $9 so I'm not complaining. I haven't been wrong on a trading position around my core holding yet. But there's always a first time.

Once again, my contention is the market has priced in the bulk of the delay over the last 2 weeks with all the rumors flying. In fact, I fully expected the news. The last of the weak hands will unload Monday morning.