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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (12736)1/16/1999 12:33:00 AM
From: Street Walker  Respond to of 29382
 
ENDO - I am still holding and waiting for news

It had that initial run-up (30% in one day on 250k volume)
and has now settled back with the correction in the markets.
On Level II, I noted very strong bids at 2 1/2 with very few
shares at the ask.

The Insider buying on ENDO occured at the current price.
I'm sure they are expecting to make a nice profit from
this level.

This is simply a position play for me. Find a sleeper stock that
is going to have news, use your best judgement to decide
if the news will be favorable, and pick your entry price.
Of course, I've sold my position in KERA I had been holding, waiting for the last news that came out.

Today I sold my SATH on the news and to raise capital to buy
a certain stock on Tuesday. Its going to be a winner. Not quite
as good as my SKYM ($4 3/4 - upper $40 in one week) but good enough
to want all of my friends to buy. Keep my name bookmarked for when
I announce which stock. I want my personal followers to get in
early before the rest of the crowd. It will be a short term position
hold.

Regards,
S.W.