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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?


To: STEAMROLLER who wrote (450)8/24/1998 9:52:00 AM
From: cardcounter  Read Replies (1) | Respond to of 1561
 
any good hi vol longs or shorts?



To: STEAMROLLER who wrote (450)8/24/1998 9:52:00 AM
From: Wayners  Read Replies (1) | Respond to of 1561
 
Sold LCOS at $77 1/4 from last Friday's buy in last hour at $74.



To: STEAMROLLER who wrote (450)8/24/1998 10:16:00 AM
From: Yo Yo  Read Replies (1) | Respond to of 1561
 
PFG interesting at $2 5/16, up from $ 1 3/4, here is some detail.

I'm not currently in it, but PFG down from $10 last week
is finally making a bounce. Have mutual funds dumped all
their shares?

Get this....
---------------
Tangible book value $18, that's right, $18.

5 million out of 30 million shares short as of mid month, they've
been short since it was $20 two months ago.

Shorts were just starting to pick up shares under $2 last week.

Should see alot of support and gradual drift up as they begin to cover.

Don't get me wrong, stocks got its problems, cash flow is tight,
SEC investigating old accounting issues, and still digesting
acquisitions. But still tangible book value of $18. Very interesting.

Yo Yo