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


To: Phil Jacobson who wrote (5114)5/23/1998 4:17:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
The nice thing is they offer their service as a tool to add to your tool kit--and give advice how to use it.Also they keep statistics of their performance,and suggest if you are looking for a bigger return,research stocks that have just been upgraded from AVOID to neutral---their call on ABTX was a winner,they went from avoid to neutral at 14+,but didn't go to buy until 18--but if you buy,with
research,at the first upgrade,you get in early-it has,how do you say,elasticity as to how to use.They also have a whole P-F service to
get pre-move entry and so on,their full service covers all sorts of
investment styles.max90



To: Phil Jacobson who wrote (5114)5/23/1998 10:30:00 PM
From: Amigo Mike  Read Replies (1) | Respond to of 29382
 
Hi Phil,

We you be so kind as to let me know when you come across another scam stock that is shortable.

One of the most interesting stock market plays ...... shorting a stock you know is a scam ........ is most intriguing to me. Why you say ???

As it turns out (or as I understand the deal) ...... you NEVER HAVE TO PAY TAXES IF THE STOCK DIES. How ???? Well I have been told that basically if the company goes into bankruptcy or liquidation ..... you never really have to buy back the stock. Say you sell short at $7 ... the company closes, liquidates, goes bankrupt, etc ...... in actuality when the stock goes to 1 cent or half cent or just becomes worthless ..... you don't really ever have to cover the shares !!!! You keep all the money.

I'd just love to try it out and see what happens.

Amigo Mike