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


To: StockHawk who wrote (14431)5/11/1999 3:48:00 PM
From: Canuck Dave  Respond to of 56535
 
After a recent bout with a BB stock, I have resolved "Never Again!"

No matter how good the story. It's like throwing your money into a dark cave and then trying to feel your way around. Don't need the extra stress (though I did make money on the issue).

CD



To: StockHawk who wrote (14431)5/12/1999 1:51:00 PM
From: StockHawk  Read Replies (1) | Respond to of 56535
 
PLCOP - I mentioned yesterday that volume was up at 65,000 shares (81,000 traded for the full day vs. a norm around 10,000). Today volume is nearing 300,000 and the stock is up another 1/2 at 2 3/8 (it closed Monday at 0.75) (Rande Is is high on this one.)

Supposedly, it is a preferred stock that will be convertable to 6 shares of common later in the year. The common (PLCO) has been trading for around $1.25, but it too was up yesterday. Since it is a BB it could drop back to 0.75 tomorrow or .50 or who knows, but it looks like it might be worth a nibble. I'm in at $1.50

StockHawk