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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Dwane Houghtaling who wrote (2724)12/4/1997 1:04:00 PM
From: Jonathan Cleveland  Respond to of 6445
 
Does anybody have a canslim opinon on Bank of New York (bk)
ibd had a chart on it last friday?



To: Dwane Houghtaling who wrote (2724)12/4/1997 7:50:00 PM
From: Bruce A. Brotnov  Respond to of 6445
 
Dwayne, sometimes I take on more risk for myself than I recommend for others. I have a statement that shows BNGO warrants are expiring 20 Dec which means I have to complete any warrant exchanges 3 days before that. I get my fingers burnt every once in a while with warrants and sometimes make a killing - all averages out I guess. I have asked my broker to double check the date because missing it can be very costly as most warrants drop to .10 or even .01 each on the expiration date. I don't expect much upward movement of BNGO until just before the expiration and it will start nudging upwards if it is like most warrant calls (esp when called early).
Bruce