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Strategies & Market Trends : Anyone following Capstead (CMO)?? -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (94)8/25/1998 11:25:00 AM
From: Wallace Rivers  Respond to of 216
 
Barely...



To: MGV who wrote (94)8/25/1998 12:10:00 PM
From: James H  Read Replies (4) | Respond to of 216
 
I may be nuts, but anybody thinking about buying more at this price? I bot another 1,000 at 3 1/2 thinking I was catching the bottom, that followed 1,000 at 4 1/2. So today I think another 1,000. What the hell, either I'm a genius or the stupidest bastard alive.



To: MGV who wrote (94)8/25/1998 12:35:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 216
 
LOL; Yes we have not all jumped the ship, some of us are even
averaging down. I guess it's a matter of knowing I will
survive even if CMO don't. <G>
Jim
Don't mean to sound cocky but I feel even if they liquidate
I'm in cheap enough to come out. I also think that it's
cheap enough now that some big players likely will
attempt take over the company hence getting the paper at a
sizable discount. This could take some time to work out,
but she has to look tempting to some one who is not about
to tip their hand until they have the power.