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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (3488)1/6/1999 10:15:00 PM
From: RockyBalboa  Respond to of 13094
 
I won't bet my head on it.

But in general they are brave guys and (as the financials can't afford to cheat the public right now) they have to...,if something's done here, it should happen the next weeks.

AMMB was beaten down in Oct due to said margin calls, along with all other financials of any kind but finally stayed afloat. They attracted me because of a confusion with "Arab Malaysian Merchant Bank...(AMMB).

The question: Message 5946679 and some clues.

Message 5987490 ... that time Amresco went for $2+ then $3+, ...

If the calls are that overpriced, as they appear right now, it could be worth selling them against a stock position.

The AMMB thread guys think of even more, they have their $20 target (I do not share their view in full).

My estimate is $13-14 the next weeks, before I won't leave. Also watch AMCT (Amresco Capital Trust), as a REIT strong in dividends but on the rise, too.

C.



To: James Strauss who wrote (3488)1/7/1999 10:21:00 AM
From: RockyBalboa  Respond to of 13094
 
AMMB +1 today.

C.