SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (3370)6/7/2002 12:05:20 PM
From: Logain Ablar  Read Replies (1) | Respond to of 3770
 
Paul:

It broke $10 today. Strong stocks don't do that even on bad days. We know its not a strong stock. I'm not short it, I originally was looking to enter on a sucessful retest of the $24 area. As long as it keeps failing these retests its not worth it.

If it does hit PnF support @ $6.5 (odds jumped considerably with yesterdays break of $15) I may buy on the dip but only for a DCB. The risk reward is not in this stock right now. I can see the next news item the CFO with his rich contract package broke some accounting rule or some law. Thats all it will need to see next support.