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Re: Zeev Hed post# 253486

Friday, 06/04/2004 6:35:42 PM

Friday, June 04, 2004 6:35:42 PM

Post# of 704044
FWIW I think your plush cushion is making you a little too complacent on HANS. We now know that the Brandon PTP (one of the insider troika) was a seller of 500,000 shares of that 787,000 lot that sold AH on Wednesday. The other insider has not yet disclosed. Don't yet know the buyer, may be a MF, but it is classic distribution pattern, and I doubt you will see a new annual high print for quite a while. The insiders still have lots of stock to unload and seem to want their profits at these levels. I don't see any solid support at the magic # 20. Looks more like 14 to me.

I have no doubt you will be able to profitably extricate yourself from positions 3 and 4, and maybe even 2. But I think you may be sleeping with that first position for quite a while. I'd be especially concerned if we don't get a new high during the peak summer consumption period.

JMO




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