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


To: Ken W who wrote (28836)7/14/2002 7:56:51 PM
From: JoeinIowa  Respond to of 29382
 
Ken,

Nice chart. I am hoping AKLM will not hit the $2 support but the shorts are running the show right now. They are probably pretty close to flipping back over to longs. This $3 to $6 pattern will continue until some event stops it. I have to think if they make their earnings this quarter they should be able to get above $5 in the next few months.

Joe



To: Ken W who wrote (28836)7/14/2002 8:05:56 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Ken, valid points on SCR.A, but it doesn't really matter if the stock is worth 10 or 12 or if earnings were hurt by the weakness in the dollar.

The way I see it, you get SCR.A for FREE when they spin off OEH. Multiply .85 x OEH's current price. That's what you get + SCR.A after the spin off. I'm hoping that they make some announcement on a spin-off on their next earnings report.

Thanks for taking a look and giving me your opinion.