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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (10066)	11/4/1998 10:04:00 PM
From: JoeinIowa	Read Replies (1) \| Respond to of 29382

Ken, With a 600K float 39K shares probably seemed like a whole years worth of trading. They actually are a large company. If they ever get any margins on their products they could be a 50 dollar stock. I have a general rule of thumb that I like to see at least 100K shares trade per day and the float to turn 2-5 times a year. Thanks for the input. I've looked at the oils for possible shorting but most are in pretty good financial shape as opposed to the last major downturn. Take RDC. They are buying back 8M shares. Thats going to give their stock lots of support. Jose