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Non-Tech : Aames Financial (AAM) - Undervalued or what??? -- Ignore unavailable to you. Want to Upgrade?


To: Sinasi Ugraskan who wrote (432)11/19/1998 1:30:00 PM
From: Tom Schmitz  Read Replies (1) | Respond to of 510
 
Did someone agree to fund them?
AAM was on CNBC saying that if they don't get it they will be out of business.

PS you are very lucky at that price - I have averaged down to 16.5

Best of luck to us all
Cookie




To: Sinasi Ugraskan who wrote (432)11/20/1998 6:18:00 PM
From: AL Benz  Read Replies (1) | Respond to of 510
 
Sinasi:

Totally agree. I wouldn't have stayed in at $4.00 "on Margin" if I wasn't sure AAM will be there next month. I didn't buy today, but my broker did! So he said.

I'm also trying to shuffle a few stocks around so as to get more AAM. However, we're approaching that magic "Wash sale" date the Feds require (30 days) and I want to be in a very specific position come the last day of trading in 1998.. My hands a tied till Jan 2nd, unless I sell and want to pay cap gains tx..

Let's see where AAM is on 1/2/99...Maybe the DOC and I'll spring for
buying k's of shs and drive the stock up!!!!

I may not like being so far DOWN....but there is a whale of an opportunity to make some serious money in a very short time.

Stay tuned

See ya

Al