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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Capt who wrote (4857)1/3/1999 6:32:00 PM
From: Junkyardawg  Read Replies (1) | Respond to of 90042
 
Fred
I don't mean this toward you at all.
You made me think of something.

I hate rumors. I personally will not buy a stock
on rumor's.
I had a friend of mine call me one time almost in
a panic to buy a stock. For the life of me I can't
remember this stock. He was told by a broker that this stock was going to get bought out. Anyway he asked me what I thought.
I told him I did not like it. I could not explain it
but something just felt "fishy".
I looked at the insider trades for the company and it looked
like every insider had filed a form 144. I think all of them
did. But their were little if any sells.
To make a long story short. My buddy lost his well, you know what.
The rumor was false. Not just a misunderstanding but false.

Just my opinion. And nothing to do with you or the stock
that you mentioned.

dawg



To: Capt who wrote (4857)1/3/1999 6:43:00 PM
From: Glenn  Respond to of 90042