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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (28707)	6/14/2002 7:26:59 PM
From: JoeinIowa	Read Replies (1) \| Respond to of 29382

Ken, Your are correct about HNR I thought they were a steal at $5 and owned them briefly. Sold when they could not break away from $5 and watched them drop back to the 50 dma. Right now they do seem to trade from 4 to 4.4 on an almost daily basis. What I have yet to figure out is how a stock with cash flow estimates over $2/share for this year sells at $4???? Then I remember CHK in the early days before it was really discovered and everyone knew they were going to make tons of money but they still were around $5. Then one day they were discovered and poof off to $10 they went. I think that will happen here. My contribution to the Four Amigos Stock FUND would be to pick out stocks that you can point out need to come back to the 50 dma(CRV one of many examples). We can short down to that point and make a fortune. What do you think? LOL. JoeII PS Ken you can only rile me if it was not true. I have learned a lot from your TA. Probably enough to be dangerous to myself. LOL.