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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: Fast Eddie who wrote (161)5/6/1999 1:40:00 AM
From: Street Walker  Read Replies (1) | Respond to of 1316
 
ABOV --- update

I am still holding my postion.
Yes they stretched the rubber band tight and took it to $75 !
Glad to see it close up.

Tomorrow will gap to around $90 premarket and I am expecting
it to run to around $110, particularly if they get some
more news and brokerage coverage. There would be nothing wrong
taking some profits at this price.

Friday would be the final run, if there is any. I have to plead
a little ignorance here, since I have not played many split runs.
I am hoping for it to run high into Friday's close at a high.
If I were management, I would definately have some news waiting
to be released on Friday to get the price up as high as possible
pre-split. My sale order will be in on Friday. I think there is
a tendency of stocks to pull back a bit after they split.

-
I mentioned earlier that I like GUMM for a LONG TERM hold.
Those looking for a stock to realize great gains in coming
months, now would be a time to buy. I would not recommend this
stock to daytraders or those looking to hold something for a few days. Its one of those stocks you put in an IRA and forget about it.
zicam.com - is one of their products. Reduces the common cold from 10-14 days to 1 1/2 days. Its already being marketed and you can find it at a local store. Next Fall/winter
I believe Long term investors at the current price will be more
than pleasantly suprised.-

While I'm at it, I bought this stock at the end of the day
Northpoint - ipoed today. I think it could do a RTHM repeat.
read this:
news.com

Regards,
S.W.