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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (3233)4/17/1998 7:14:00 PM
From: Amigo Mike  Read Replies (1) | Respond to of 29382
 
Howdy Amigos,

Definitely a kick ass week. Funny thing is ...... some of the more quiet stocks this week are likely too make plenty of noise next week.

AIRM had a very big day indeed. 7x normal trading volume with 3 block trades at the end of the day. Maybe news Monday ????? We'll just have too wait and see.

DHI will be free from the arbs come Monday. From what I have gathered, the arbs have accumulated the May call options as cheap as possible while shorting the stock to keep the price down. Last numbers posted in the Journal showed around 10 million shares short. maybe someone can get a more upto date number. Now the arbs will cover their shorts and drive the price higher while making a fortune on the call options. All this action should start next week.

HERE'S HOPING !!!!

Amigo Mike



To: Sergio H who wrote (3233)4/19/1998 10:02:00 PM
From: milesofstyles  Read Replies (2) | Respond to of 29382
 
regarding:The closed positions avg. gain is 26% on an avg. holding period of 11 days. The annualized avg. is 236%.

can you explain your calculation method for this? is there weighting or something else involved in the closed position calculation, i didn't get 26 percent,i got 18.5, and what number of days are you using for your annualized calculation? on a per stock basis the annualization is super huge based on 11 days.

if inception is 1-18-98 and calculated as of 4-18-96, ie 1 quarter , based on the 26 percent of closed positions,isn't the annualization 104%, definitely impressive beyond reason still, just having difficulty following your figures.
tia for the help