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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Harold Engstrom who wrote (3946)12/12/2003 9:47:39 AM
From: Ken W  Respond to of 23958
 
Harold

CDIC was a favorite of mine for 2 years. I closed the postiion at 5.00 and am pleased for those that held since the stock has moved to near 7.00.

The only thing that I would caution on is that the first Q has always been weak (reported in Mar.) also be aware that the Paulson trust will be free to sell shares toward the end of the month. Michael Paulson agreed to not sell for 6 months as part of the private placement of 2 mm of his shares in June. As I recall he still has about 4 to 5 mm shares.

Ken