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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: oexplayer who wrote (21009)10/22/1998 2:27:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
One message reads like this--
Wednesday, Oct 21 1998 7:55PM ET

Ike,

Thanks for mentioning IFMX. I bought the stocks and call options this morning. Sold half the calls for 50% gain. I plan to hold half the stocks for long term, and have an open order to sell the other half at 6 1/2. That will reduce cost of long term hold. Good strategy?

Thanks again for your post and recommendation.

For a very small stock I think it was good the stock in my opinion was highlighted as I think they will keep delivering good earnings as we move forward- I like to see this stock at 63/4 before the next earnings even at 71/2 however as a small cap I will not bet my house on it..