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Strategies & Market Trends : Charts for Quick CASH $$$ -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (6318)2/20/1998 2:13:00 PM
From: Nimbus  Read Replies (1) | Respond to of 9262
 
Beware of PAA ....they just dodged chapter 11, filed 8K instead, and rumor has it the Fed Marshalls are lined up to confiscate at least one aircraft that PAA has defaulted on the lease payments. They have no money and tons of debt. Check out the Yahoo thread on PAA for COMPLETE analysis.... it traded as low as 1/4 just 2 days ago and now is over 1 ... I got in and out and made a few thousands but it was pure luck. Never again.



To: James Strauss who wrote (6318)2/20/1998 2:45:00 PM
From: Galirayo  Read Replies (1) | Respond to of 9262
 
[ PAA ] Jim.

It's Book Val is above 2.70. I somehow think a return to .44 is stretching it.

I think the dip to 1.00 was an opportunity.

biz.yahoo.com

Ray