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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bob Rudd who wrote (17793)10/2/2003 12:59:15 PM
From: Bob Rudd  Respond to of 78753
 
STRZ: A buyout at substantial premium is probably in the offing because I just sold my position @3.08 for 13.2% gain. I'd be pleased if I'd bought it 2 months ago, but it kinda sux since I've had it 2 years. During nearly all that time the position has been underwater with spreads often 20% of the price and average daily volume smaller than my tiny position.
Note to self: Avoid 'roach motel' stocks where wide spreads and miniscule volume make it nearly impossible to get out without being hosed unless there's a buyout.