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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Andrew G. who wrote (3369)2/12/1999 3:01:00 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
Well, Andrew. . now that PAX has come off its highs. . .should it continue back from where it came, I would consider it in time . . .but as for swing trades the important thing is story.

If you had brought PAX last week, with CEO coming on today, then I would have had time to check the company out. Because they are South Florida, it would be necessary to get someone to visit their operation. . .I am familiar with the company thru CBA and I like their principles and values, but that doesn't mean the company is not losing money and desperate.

They just sold a big part of their company last week. Why? Are they hurting for bucks? That is what we needed to find out earlier in the week. I think at this point, that 5/8ths was the peak of this run. . . many are selling just because CEO was on CNBC. . . no more story left for next week.

Would you like me to go on or is that sufficient for now?

Rande Is