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Non-Tech : Helen of Troy Ltd (HELE) -- Ignore unavailable to you. Want to Upgrade?


To: Beans who wrote (219)5/18/1999 7:57:00 PM
From: Rambi  Read Replies (1) | Respond to of 295
 
Beans-
WIth the additional coverage by DLJ and the Top Pick rating, HELE is slowly moving ahead in spite of whatever selling is going on. I have never looked at this stock as a fast buck and if we wait it out, it will eventually pay well, as it has in the past, with the added benefit of not having to lose sleep worrying over it.
I tried to add at 13 1/4 Monday but missed-- if he drives it down again, I'll try again- my average is 13 and change, and anything under 14 feels good to me. He can't do this forever! (CAn he??)



To: Beans who wrote (219)5/19/1999 3:25:00 PM
From: Alexander Pavlov  Read Replies (1) | Respond to of 295
 
>> I have never seen anything like this. Same guy trading via instinet (INCA). I truly believe this stock would be in the twenties if it wasn't for him. He sits everyday on the ask sucking up all buying. He occasionally moves away for a few minutes, lets the stock run up a little and then drives it back down. >>

As a matter of fact INCA is mostly at bid as well and spread is mostly narrow. Could it be just the case of hidden wash sale (HELE is well off its heights from last year). I hate all these conspiracy theories, but why not? Just moving stock from the left pocket to the right while recording loss.

Alex