Replies to post #793 on Friends of Essex

[tedmoe48]

Dick, had 4k shares of M at 2.14, yesterday it sold at 2.35. I put a high number on it (2.35, it was at 2.20), not expecting it to be sold. I went out to rake leafs, and it was gone. now I see I left $$$ on the table. Not crying, just second guessing myself. I want it to come back down, so I can reload.

[dontbothermec]

Ted is trading on speed, only 16% in a few days is not enough to support his habit of rapid gains. He expects 300% in a day (or sooner).

I can't figure out the game that KEYW is playing.....1st, all the options to the bigwigs of the company they just acquired, then the low ball buy-out, then the very heavy volume, several downgrades so the bagholders will go along peacefully I suppose, now the pop above the acquisition price? Meanwhile Essex is moving into new larger quarters. We need insider info, someone take Lisa out for a nice meal and get back to us!

[yerbamate]

Dick,

In your example the guy would NOTt have received the full $240,000 from NOC as thier "Merger Agreement" says they are going to withhold 28% of the sale proceeds and forward them to the Feds, where your man would then have to apply for a refund for his over payment in taxes when he files his 2007 return in 2008!

So... if you don't think that the Lockheed rumor will bare fruit, it seems prudent to begin selling ANY shares owned in an IRA or 401k account as these won't be subject to Capital Gains now and you can get near to $24/share RIGHT NOW on the open market.

Am I missing something??

Cheers,
YM