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


To: Joe Hoek who wrote (5040)12/9/1998 2:20:00 PM
From: Mad2  Respond to of 18998
 
Of course I am. I don't plan on changing my postion unless I get the sense the market is headed for the dumper. While a lot of volitatity exists, my valuation of FHT is undervalued and that it will outperform the market near and long term (IMO). Admittedly alot of strange behavior is going on that I attribute to daytrading and accumulation on the part of institutional clients. I have flipped my position once (call it luck as I picked up almost a point) however I really don't want to find myself out of FHT.



To: Joe Hoek who wrote (5040)12/9/1998 11:34:00 PM
From: Hank  Respond to of 18998
 
FWIW, I dumped my entire FHT long position today at 13 11/16 for a nice profit and then went short. Looks like it will drop a point or so from here before going up any further.