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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (3341)9/28/1998 4:35:00 PM
From: RockyBalboa  Respond to of 18998
 
No, I don't think so. The market is not in buying mood. And I a am glad that most of the dumbest sheeps learned the lesson not try to catch a falling knife. The selling is not over, FP crossed its intermediate bottom before it went to 22 again.

The hype seems to be over, all of the manipulated darlings did a nice decline from their heights today (silly ENML, SRCM, BTIM).

I like Souvereign Leasing, I like FP too. But not in my portfolio.

C.

PS. I tried hard to sell a portion of Hungarian Broadcast into the high fives. No way. Not much meat but good for 3.



To: Peter V who wrote (3341)9/29/1998 9:29:00 AM
From: Spunky Beaver  Respond to of 18998
 
I hope it goes up a little so I can get a piece of the action! Like a dummy, I went to 100% cash on Thursday and closed out my FP short position and everything else.
As they say on the Nissan ads, "Enjoy the ride!".