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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Math Junkie who wrote (5687)7/7/1998 7:52:00 PM
From: Rillinois  Read Replies (3) | Respond to of 42834
 
Richard Palm, re: "By the way, if the market surprises us by taking UTEK up to 36 by the end of the year, are you going to come back on here and tell us that Brinker's original recommendation was right after all?"

I believe I have already stated that if UTEK reaches $36 before the original 12-18 month time frame runs out, Brinker will have had a successful FORMULA TRADE.

Please remember Richard that we don't have to wait 8-9 years to see if UTEK was a good investment. UTEK was originally recommended as a FORMULA TRADE in July '97. The profit objective was 50% and the time frame for the trade was 12-18 months. Also, let's not forget that Brinker raised his target on UTEK to $40 in October when he recommended purchase at under $30.

Finally, I'm curious as to why you would ask me this question. Your question has the tone that I will have been shamed if UTEK hits $36 by the end of the year. If not, please disregard this last paragraph. My purpose is not to smear Brinker. It has always been to provide accurate information on Brinker's recommendations.

Best Regards.

Rillinois