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

To: Paul Senior who wrote (29633)	1/10/2008 3:07:06 PM
From: Grommit	Read Replies (2) \| Respond to of 78464

"ACAS. I continue to add as it falls to lows (sigh)." Me too, but the sellers should be the one sighing. this is reassuring biz.yahoo.com and the fact that it is not unique to ACAS is reassuring finance.yahoo.com but the lack of insider buying is worrying.

To: Paul Senior who wrote (29633)	1/10/2008 3:40:25 PM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78464

Added to AHT today. Wanted to add to AEO or CHS, but I am not buying into rallies here. Same with CHNG. Sold BAC. I am not sure I would like it buying CFC. Again with my exposure to WFC and USB, I will see whether BAC buys CFC and how market reacts. I may miss out on a rally, but IMHO BAC can dive down if it buys CFC too.

To: Paul Senior who wrote (29633)	1/10/2008 7:01:55 PM
From: SI Bob	Respond to of 78464

Bet you're feeling pretty good right now about your ACAS purchases today. I sure am! I did an unusual amount of trading today (every time I'd glance at that monitor, something looked toppy or bottomy) but mostly I picked up some favorites on sale. One I traded especially heavily today was [t]FMT[/t], grabbing 10-20 cents here and there. It was pleasantly easy to get big trades through today without moving it around. I ended up keeping a small portion, but never feel compelled to hold much of that one overnight since I've got a decent-sized batch of Jun5 calls on it at a good price, mostly to play on the pretty extreme upward swings it's prone to do at the drop of a hat. If I don't have the stock, I can still benefit from any of its manic spikes. In the long haul, I intend to have a longer-term position in it as they seem to be getting their house in order. Also added some trading shares of [t]ELN[/t] and added to my [t]WPL[/t] in the hope (I hate using that word) that it's seen the last of the 4's. WPL's still difficult to buy or sell without moving it, but there ended up being enough volume in it today that it wasn't as bad. My first buy of it was at $4.81, but when I tried to buy twice as much more at the same price, I started pushing it around and there never were enough shares shown on the offer side to give me a good idea what I really could buy it for. I ended up pushing it to $5 before I could get filled on the second batch. That's one thing I really dislike about listed stocks. Level II doesn't give you the whole story. If you want to buy x amount of stock on the Nasdaq, you can at least see if there are enough shares available at a price you're willing to pay. On NYSE, you could put in an order a penny over the ask and have zero idea if there will be enough offered to get you a fill or if you're just going to get a partial then push the price above what you want to pay.