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Non-Tech : Cendant Corporation (NYSE:CD) -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (1416)8/3/1998 1:34:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 3627
 
I bought back 2/3 of what I sold today @ $ 15.875 which was the bid at the time I placed it. I thought I'd take a stab at it being the bottom since I perceive falling stocks gravitating towards falling under the whole numbers, and then bouncing back- if they are going to.

I also reasoned that I would sell it if it continued to fall. Fortunately, it worked out this time, so far. Sometimes, I end up selling it fast, and getting dollared to death. If it falls, I will probably sell what I bought back. If it holds above $ 16.00, I may keep it.

CD: $16.06b $ 16.13a

VALUESPEC