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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (2720)12/29/1998 12:13:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
Canuck: ASCT - I have been in constant contact via email with the source of the rumor and he relayed to me that nothing has changed. The $10 offer was supposedly rejected and the company is looking for 14-15. He said that he is "so sure" of this one and he has a lot riding on it as well.

Still, it is just a rumor until I see the deal. Be careful and don't be afraid to lock in some profits if you have them, you can always buy it back if it looks like things start running.

AFCI - Finally moving again. Patience wins out in the long run for stocks like this. Buy them when they dip and just wait it out, almost always good for at least 1-2 short term points.

Trade well.

TJ