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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: darline cook who wrote (9766)5/27/1999 10:35:00 AM
From: RCJIII  Read Replies (1) | Respond to of 52051
 
Darlene, I bought some more JMCGC yesterday. Once they announce the definitive merger agreement with FEDE, the stock should explode again.

They have $5 million in cash in the bank, 100,000 shares of Optimark, which will be HUGE, and they have a merger agreement with a market maker that should allow them to begin on-line trading.

I am holding this one long term. If you are looking to exit at the next spike, I would imagine you don't have too long to wait, just a week or so, in my judgement.

RCJIII