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Non-Tech : Cityscape Financial (CTYS) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (1726)12/6/1997 10:49:00 AM
From: Shane Stump  Respond to of 2544
 
I am still in a holding pattern... DCR's warning watch yesterday reset my buy time (I am trying to see if CTYS can go for at LEAST a month without a financial warning/downgrade).

I am only thinking of risking $5k or so at most if I get back in. I think if the new management can get things inorder, it could be a nice buy & hold for awhile (I have bought CNTR, SYQT, DPT, BORL, and FTEL when they were all considered dead money .. I have doubled on CNTR and SYQT and tripled on DPT and FTEL).

I won't buy any until next month unless the stock goes well below 1 1/2!

Shane

P.S. One will make money off CTYS NOT based on fundamentals ... People without common sense will bid it up on the drop of a rumour.. I ignored this bit of advice last time I bought in and I lost $10+k for being stupid!



To: Zeev Hed who wrote (1726)12/9/1997 1:14:00 PM
From: Brooks Jackson  Read Replies (1) | Respond to of 2544
 
Zeev: CTYS just broke $1. Once again you are proved right, dammit. Please accept my congratualations on your superior analysis of this turkey.

So -- if you care to share your plans -- what do you intend to do? Buy in? Just curious.

Personally, I've ridden this one down so far already there's little more to lose in by hanging on for whatever comes. And all my losses are in a tax-deferred account, so there's no point in booking it.