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Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?


To: Due Diligence who wrote (2200)12/13/1998 7:32:00 PM
From: Lt. Columbo  Read Replies (1) | Respond to of 2452
 
This is my first post on this thread (actually it's my first post on SI)and since the question is out there for anyone I thought my slant on the resent movements of TCBG can't hurt.
I believe that what we may be seeing are the last of the daytraders heading for the exits after their programs gave them a signal to sell the same way they signaled them to buy. As well as a few nervous types who are getting out after the stock went back up to the price at which they purchased them on the last run-up. I myself think that the drop in volume is a good sign that the longs have control and with an announcement (in 7 days) about Wal-Mart receiving their shipment I don't think this is the time to sell but rather sit tight or increase ones position. I myself am heavily invested at this point and looking quite long with it. 2 to 3 years is when I belive the real gains will be seen. Well you asked. Columbo