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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: Froman who wrote (2051)4/28/1998 10:40:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 3351
 
When APCO hits the 15.25 area tomorrow (I hope) the near future will be told. If it busts through and holds we are riding a wave. If it has trouble we will most likely base. I have my money on a bust of te 15.25 area. It is the only stock I added to my position in today. In other words I think it is the best one of the bunch for weathering a minor correction. May even run like heckfire during the downfall as investors take money out of overblown blue chips and look for investments which are showing much promise and have no asian exposure. The only negative in the cards is an interest rate hike possibility which may make investors feel that anything auto related will suffer. IMO APCO will do just as well if not better in a higher interest rate environment as car salesmen have fewer cars being sold so they need to make money somewhere. An add on here and an add on there followed by a great deal on an extended warranty.

ht
david