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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Jodi Segal-Lankry who wrote (555)12/18/1997 4:27:00 PM
From: John Allen  Read Replies (1) | Respond to of 2377
 
Hey folks, WAVC has broken out big time. More than doubled this week and the volume has cranked up. How high can it go?



To: Jodi Segal-Lankry who wrote (555)12/18/1997 11:08:00 PM
From: RADAR )))  Respond to of 2377
 
Jodi:

The names are the draw. This stock does not have any fundamentals to date. It is a developmental company with a story to sell. What validates the story are the names which have become associated with the event to be held in March. A great golf course with three of the top names of golf, one of whom is a living legend, is a beginning that promises to fulfill the end.

I am basically a fundamentals investor who believes in strong TA to support the fundamentals. Having said that, I also realize the value of speculative investments where, as they say at the craps table, you are "betting on the come". Anyone investing in ACCY should do so with full knowledge that they are betting money, (and thats exactly what they are doing), on a company with a great story to sell. The rewards are commensurate with how far and how well the story developes. If "everything" follows the story line to the end, then there can be a substantial reward. But, to twist a familiar truth, the greater the reward, the greater the risk.

Having said all this, I'm tempted to place a wager on ACCY given the willingness of the company officials to openly communicate with the stockholders and the evidence thus far developed that the story plan is indeed unfolding as written.

Keep me posted on further events. I am aware that there is also a thread for ACCY here on SI. Thanks for your updates, they are appreciated.

RADAR