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otraque

07/01/04 10:36 AM

#264322 RE: Joe Stocks #264319

Whew 53.40, my o my, 23.xx% haircut---that was a hit in the head---all those with stop-loss orders must have fed this sell-off i would think.
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cy esp

07/01/04 10:53 AM

#264337 RE: Joe Stocks #264319

Thanks Joe, I had a small position in my IRA from 57ish. I agree that it was over-valued, but think fair value is in the upper 50's to mid 60's so I added a little to my trading account. As usual the market over reacts, but who knows how extreme the over-reaction will be.

I have had bad luck with de-listed stocks, but keep looking at HLSH. My best investment was RRI from 1.83 (with several additions between 2.4 and 7). Looks like HLSH has done that for you.

If I was thinking about adding more to CAH at 53ish, would you advise HLSH instead?

Thanks again and good luck to you -

Cy