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Technology Stocks : Audio Book Club (KLB) Next big internet play? -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (62)7/2/1998 1:51:00 AM
From: StaggerLee  Read Replies (2) | Respond to of 146
 
Last run-ups stalled at 6 5/8 (in Feb) and 6 3/4 (in April). (This excludes the half day run up to $13.25). Hopefully this latest run will go higher.

There are rumors floating around that KLB is a target of AMZN (see YHOO boards). In light of what's happened to AMZN's stock in the past 2 months I wouldn't be surprised to see AMZN put their shares to such use. Hopefully KLB would go for at least $12.



To: yard_man who wrote (62)7/2/1998 3:52:00 PM
From: Jim Goodman  Read Replies (1) | Respond to of 146
 
to all: thanks, but my concept teaches that, when one buys certain patterns at certain times, and only at those times/in those patterns, better things tend to happen for us....so, as I acknowledged, the rise was likely going to happen-- because my "PSYCLE sm" saw/predicted it-- but in no way did I expect such a huge, quick rise...remember, I employ NO fundamentals, just long-existing, repeating patterns of chart and human behavior, and I always diversify, have close stops, No emotion, and do not believe in good/bad luck, etc. Anyway, as "luck" would have it, the balance of my "sales" also occured today, near 9., as well as some yesterday, over 6., so was like finding $, but, again, only because my concept saw the pattern, timed it well, then shared that, with my valued subscribers, etc. If it had broken 3 1/2-3 5/8, instead, I would have gotten out....best wishes, I have a bunch of other depressed issues bouncing here as expected, but i certainly do not expect any of them to do what KRB just did, just, mostly, nice, consistent risers over time...with occasional cut losses along the way....have a good long weekend....

P.S. since "PSYCLE sm" traders have no ego nor greed nor emotions, we are completely out of KLB now, and not even wondering if any more rise, from here....probably not worth the risk, given the pattern KLB now has....take care,