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


To: Susan Saline who wrote (11223)3/24/1999 2:41:00 PM
From: AlienTech  Read Replies (3) | Respond to of 43080
 
Re statement is always good news. Also restatement to the upside is always very good news. A lot of funds that would not buy will now buy just because of it. Also a company is usually depressed 50% or so when SEC wants restatements since you never know how bad it is. Like what happened to CD but even if its bad news they always bounce. I would think BEAM will bounce at least to a double here.