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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: stu fabian who wrote (5370)	5/19/1999 1:00:00 PM
From: Jim B	Read Replies (4) \| Respond to of 108040

TO ALL::: AGRS and me haven't posted in awhile.. taking a break.. just got a sonogram this morning.. dont know results yet.. at home for lunch before going to work.. I see all this hooplah about AGRS... my concern is that it's come up quite a bit.. wasn't going to really do any trading.. BUT, after reading every post here about AGRS and on RB and watching the level 2... I'm in now for quite a good # of shares. we are at .18 x .20 with 3 MMs supporting 18cents... but here's what caught my eye.. 8 MMs are supporting 15cents or higher on the bid.. however, if we take away 8MM on the ask side all the way up to 30cents we go. In other words if 8 MMs fall off the bid price we go down 3 cents... if 8 MMs fall off the ask side we move up 10cents.. thus 3 times the chance that we see 30cents before we lose 15cents support... does this make sense??? it might not be a perfect strategy but it's helped me make over 1000% returns on my portfolio since mid April (4 weeks)... all this gets blown away if some AOL/AGRS announcement comes out.. then I have no idea where the stock will go.. AGRS would NOT deny an AOL deal and are extremely busy working on something.. who knows what? freeedgar.com indications they are merging with someone??? it's risky, so be careful... good luck... will try to stop by in a few weeks to see how everyone is. jim