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Non-Tech : Copart (CPRT) -- Ignore unavailable to you. Want to Upgrade?


To: Theo Karantsalis who wrote (44)12/11/2002 3:41:58 PM
From: James W. Bradsh  Read Replies (1) | Respond to of 48
 
Noticed they are exercising options between $2 and $6. but that may not mean much as they can later turn around and sell them in the teens for a good profit. May be somewhat "safe" but may not go very far for near term trading. Owned it in the past in the 30's but had to get out when the bottom of the market fell out and CPRT did a swoon. It's tempting under $11 for a 6-18 month term hold into the high teens (assuming the market will gradually recover, and therein lies most of the risk).