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Non-Tech : Borders Group (BGP) -- Ignore unavailable to you. Want to Upgrade?


To: JCS who wrote (132)1/28/1999 12:51:00 AM
From: StockJock-e  Respond to of 411
 
I feel sorry for all those people who jumped in as a result of that rosy Fools article... turn on their PC the next day and see it down 15% already...

Oh well, when the trend turns everybody will be jumping back in, until then its bottom feeding time for those who feel BGP come back soon.




To: JCS who wrote (132)1/28/1999 2:44:00 AM
From: Bill J. Landis  Read Replies (1) | Respond to of 411
 
I'm beginning to wonder whether the folks at the Fool may be doing as much damage as good.

Changing their tune so much so fast (I don't remember the details of the first piece, but seem to recall it being relatively positive) doesn't exactly increase their credibility. Add this to the fact that they seem to ignore the very real advantages of physical stores over ecommerce.

I don't know, it just makes me wonder about their general message of individuals investing in not so diversified stock portfolios ... especially with such a volatile and by many measures inflated market.

Has been an interesting week for me so far. First I got impatient and wrote some Mar 20 covered calls on my BGP holdings Tuesday afternoon. When I checked the >20 price after close I wanted to kick myself, but now it looks like that may have been a decent move.