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

To: snerd who wrote (7359)2/2/1999 3:21:00 PM
From: Trader J  Respond to of 56535
 
PRFM - I think it would be wise to use this opportunity to sell here. The news will be a quick spike and will most likely be met with a lot of selling due to the shorting and those that got caught with too many shares. Do not be the last out IMO.

I think you will see it close under 7 still.

GOod luck and be wise, make a good decision whatever you do.

TJ



To: snerd who wrote (7359)2/2/1999 3:26:00 PM
From: MMK  Read Replies (2) | Respond to of 56535
 
PRFM:

Sure caught me up the backside...

Trade: couldn't stay away...!))) NAVR at 16 9/16. Sold 1600 this am at same price, so I lost the commision fee. Hope that's all I lose!
I was surprised that it held up so well in the downturn today. All waiting for announcement I guess. Not much volume.

MMK


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