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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (8201)2/10/1999 9:20:00 AM
From: kendall harmon  Respond to of 43080
 
HCF-look for a bounce at the open today.

(1) There were positive analyst comments after the bell as indicated in the Bloomberg piece. The Dow Jones Headline AFTER the conference call was "concerns...called overblown."

(2) There is a VERY significant short position--a short ratio over 17!

(3) The intraday chart yesterday showed buying into the close, with several large block buys going off at 27 1/2 on the close

(4) Value players will begin to be interested. Revenues in 1997 were 27.7 million, and in 1998 over 57 million. This is a growing company.



To: LastShadow who wrote (8201)2/10/1999 9:55:00 AM
From: John J H Kim  Read Replies (1) | Respond to of 43080
 
Here we go again...Hey Last, have you had CDRD on your watch list since it tanked three days ago?