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


To: Souze who wrote (8752)2/18/1999 8:19:00 AM
From: tom pope  Read Replies (1) | Respond to of 43080
 
SUE - first PRGY trade - 44



To: Souze who wrote (8752)2/18/1999 8:51:00 AM
From: Jay Lyons  Read Replies (1) | Respond to of 43080
 
UNFY

On more than one occassion, I've mentioned stocks that Herb Greenberg writes positively about at TheStreet.com. His bread and butter is writing about what is wrong with a company, so when he says something is right, it's worth paying attention.

UNFY is a good example. It was mentioned in his column on 12/9 and 1/26...on 12/8 it closed at 6 13/16, it closed yesterday at 14 1/2.

Usually, especially now that he's a regular on CNBC at 6:30 each morning (What? You're not at the gym working out and listening?), a positive report will result in a huge opening gap, but then the stock will settle back down over the next few days, presenting a good buying situation. It also gives you plenty of time to do some DD and decide if you think his take on the company is correct.

Jay