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


To: Phil Jacobson who wrote (4530)5/8/1998 12:25:00 PM
From: OSCURO  Read Replies (1) | Respond to of 29382
 
To all:

I'm not sure if anyone paid attention to my introduction of SCHR a few days back, but in case anyone did, I sold out this morning being that it approached Yahoo's stated book and I've made a tidy profit. I don't know how much more upside it's got but I also became aware that there is another company called R.P. Scherer (SHR) that also has news about an alignment with PFE over Viagra. It didn't take me long to guess that maybe a lot of the recent uptrend in SCHR is REALLY a result of confusion over which "Scherer" actually has a deal with PFE. So, I've gotten out at and around book which is better than I started, but I also wanted to make that point clear for everyone. I've learned a lesson today. I'm happy it was an upside lesson and not a downside one.

Confusion, another force that drives markets.

Semper Fortuna

Oscuro