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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: eik who wrote (14913)5/27/1999 2:45:00 PM
From: John J H Kim  Read Replies (1) | Respond to of 43080
 
>>pure gambling

Not more than any other plays, maybe less of a gamble:
Scenario 1: If the news comes out that there is NO news, then the stock should have a quick rally.

Scenario 2: Some grim news comes out, but the company is still in business, stock is so extremely sold out that it may falter a bit, but then the market may start "buy" on news (opposite of sell on news).

Scenario 3: Company announces that it is packing up, and will be auctioning furniture on EBay. Take the loss, go long on EBAY



To: eik who wrote (14913)5/27/1999 4:59:00 PM
From: HandsOn  Respond to of 43080
 
Me too for small position at 2 15/16, roll the dice.


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