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


To: JoeinIowa who wrote (28769)6/30/2002 1:34:33 AM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Joe

I've owned AKLM before, back in the hay days of 98, 99...it was a good trader then.

Turok is the only title that they have on the burner right now, thus the analysts are "concerned" over sales of that game. Your gap down play is viable, but I'd be careful with it as it could go lower with any further "concerns" being brought forth.

I love the way all of these press releases now contain the buzz phrase "balance sheet concerns". LOL Like half of these idiots even know how to read a balance sheet. I was just talking with a fledgling CFP at a coffee shop. He started with Dean Witter just recently. The conversation turned to balance sheets, cash burn rates, return on equity and return on assets.........If I were him I would have left the coffee shop, returned to work and quit. He knew very little about fundamentals of a company. He only knew that his supervisor said to sell clients this or that stock. It was pretty sad.

Ken