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


To: LJ who wrote (11547)3/19/1999 11:47:00 AM
From: Trader J  Read Replies (2) | Respond to of 56535
 
CATP - Traded its float so now we will see what the street really thinks. There could be a little downside left as margin calls take effect.

The 52 week range on this issue is amazing. Received 3 downgrades today but all from "Strong Buy" to nothing less than "Market Perform", I would not be surprised to see subsequent upgrades based on price....but that does not happen very often. This company is followed by a good number of analysts though and has a good reputation.

J