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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (3774)2/28/1998 8:57:00 AM
From: dealmakr   Read Replies (1) | Respond to of 18691
 
Pancho,

Interesting close yesterday on BFIT at 27 3/8. Stock was bid 27 3/8 ask 27 3/4. No trades except for a sell of 200 shares at 27 3/8 about 30 minutes before the bell. I wonder why they didn't close it at a new high at 27 3/4. Are they trying to fake out the TA guys? Intraday high at 27 15/16. I know fundamentaly this one is a dog IMO. Lots of games being played here with the trading. Am going to ask someone to take a look at TA over the weekend. I think when this one goes down it will go down fast and hard JMHO.

Good Trading

Dave



To: Pancho Villa who wrote (3774)3/1/1998 11:23:00 PM
From: ralph keating  Read Replies (1) | Respond to of 18691
 
[bfit] from recent year end report:

<<The financial data presented above for the 1996 periods have been restated. to reflect a change in the Company's method of recognizing membership revenue. In addition, interest income for the 1996 periods has been reclassified to conform with the 1997 presentation.>>

biz.yahoo.com

smells fishy?

ralph