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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (9447)12/22/1997 9:37:00 PM
From: Wayners  Read Replies (1) | Respond to of 13456
 
AT, come on over to the darkside. Stop talking about shorting and start doing it. Its the greatest.



To: AlienTech who wrote (9447)12/22/1997 9:56:00 PM
From: Greg R  Read Replies (2) | Respond to of 13456
 
AT - No I meant long on APM. I may not have the bottom precisely plotted, but it is very close. Besides, when everyone is saying sell, is there a better time to buy anything?

Fact is APM still made money this year. There are so many people who will just buy because the PE ratio is soooo low (without looking into all the background of what might happen next year), that buying pressure IS going to be there once the results are released. Then, you will get some shorts starting to get their shorts in a knot and that will help the price up.

But alas, reality will set in and the price will go down again, but this game IS only from week to week. It is not buy and hold forever.

Happy holidays. Greg