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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Rashid Garuba who wrote (2626)8/22/1998 9:19:00 PM
From: TATRADER  Read Replies (2) | Respond to of 59879
 
Rashid, welcome to volatility, plus on AKSEF...The buyout is scheduled in early October..I have it figured at 2.17 a share...That means you have about a 40% return in a little over a month on your money...Would like to trade this stock rather than wait for my paycheck..My thinking is that it runs to 2.00 again, we dump, and then hope for another Sudan scare, to buy back in the 1 3/8-1 1/2 area...
I have been buying oil stocks lately, because I see the bottom...PKD is close to book..I am in at 5.00 a share....Should have dumped it Friday, and bought in again on a move above 6.00..May still do that on Monday, although I see very strong support at 4.87...
When insiders start buying oil stocks, something is up...Read this post about insiders purchasing oil stocks...
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Have a good weekend...Mark