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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (38813)1/13/2003 3:33:35 PM
From: Logain Ablar  Read Replies (1) | Respond to of 69633
 
Hi Dick:

We'll its not like I did't point out when eln was $1.60ish. It is nice to watch a short squeeze in progress. Its not too late to grab this one on a pull back. The put bond holders will now be covering as the company has the funds to pay off the note versus convert to shares.

Sold chtr today to raise cash. still waiting to see what happens with the market but this one too should do ok in that like eln it is not going bankrupt (or at least not in the next 18 months). FEAR is making me cautious or I would have held chtr for a little longer.

note this is options week.

tim