InvestorsHub Logo
Replies to #10104 on Five and Under

Georgia Bard

07/09/01 9:06 PM

#10106 RE: pennyinvestment #10104

Since the 6M+ has an AMSC of .27, apparently you divided that by 2 and add the .13 to the .40 for a 50% gain on the investment which also makes .40 as you pointed out. I will also watch the trading closely since .54 will be a solid double out for that stock. Typically 30% is where the bootom is that is .35 and then at the double out the gain is .20 a 57% on the .35 investment.

However, it has had no volume and apparently someone is getting anxious and hit it today to get it trading. Also all the 19M and the addition 6M is all offshore.

Tommorrow should be interesting because someone tried to get off more at the end of the day and 200 (stock call) is really a partical auto fill on the MMs order flow system. It had no one willing to buy the rest of the order at the end of the day.



:=) Gary Swancey