Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?

To: silInv who wrote (265)	5/4/1998 5:56:00 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 1848

Looking back at a 1 yr chart of AMTD the last time a similar pattern like this formed AMTD shot up to 40 on a short squeeze (Double bottom) - look back at Nov 97. Everything is in place again. Good earnings report, thin float, high short interest (33%) and egrp is coming around. We could see mid to high 30's on any sort of a breakout. If you believe next yr's estimates then AMTD could easily be a 50+ stock within a six months. AMTD is undervalued compared to ETrade by almost a factor of 2. AMTD is way underfollowed by analyst as well. Look for coverage to be initiated soon. The short squeeze should start once we close past 31. AMTD has it's problems, but I think it's one of the more undervalued internet stocks right now.