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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: VALUESPEC who wrote (5963)4/12/1998 12:16:00 PM
From: LzzrdKing  Read Replies (2) | Respond to of 7396
 
<<I've been basically trading this year, though I have been more willing to hold one position as long as the story was good and the stock wasn't falling to any unexpected level>>

Just curious with your fascination with MIND. The story sure isn't good there. It's a broken stock with many problems, including an earnings warning, accounting problems apparently, and from what I read elsewhere, management credibility might also be an issue. Seems to me that in the universe of stocks there must be better trading plays, especially in view of the fact that that sector is way out of favor.

I can understand investing in a company in that sector due to favorable valuation, although if I was to hold one in that sector, it certainly would be one of the strongest in the sector, not that one.