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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Jim Rokosh who wrote (8737)12/3/1997 12:21:00 PM
From: James Strauss  Read Replies (1) | Respond to of 79352
 
ABTE...

>>>What, in your opinion, is the best strategy? Take profits now? Hold & sell around $12? Load up today as it trades in the $10 range and sell at $12? Or just hold (or load up today) & then take shares of ACTC if the buyout is approved? etc, etc, etc. (I'm tempted to load up).<<<
******************************
Jim:

I sold half my position at 10 1/4... I'll probably try and sell the other half near the 11.00 mark... I don't try to fool around with arbitrage (buying between the current price and buyout price). The 10.00 price was real, and, hopefully the 11.00 price will be real... I try not to squeeze out the last penny of gains because it might not materialize...

Jim