To: cowboyfan who wrote (27) | 3/28/1998 2:12:00 PM | From: james bisczat | | |
Spin-off will add $22 billion to the existing AFS float of $6-7 billion. With F sometimes considered a value driven stock and AFS earnings driven, there is that slim chance the F(value) investor will sell AFS after distribution, causing short-term downward pressure. If this happens, it will represent an enormous buying opportunity. So cowboyfan, my opinion is to keep your eyes pealed for possible short-term bargains- as they are few and far between with this issue.
It will probably take a few weeks for things to sort themselves out. Once the dust settles, all I can see is continued smooth sailing for an autonomous AFS.
JB |
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To: cowboyfan who wrote (35) | 5/2/1998 12:21:00 PM | From: james bisczat | | |
Got burned on April 85's. Guess I should have followed my own research which I posted @ SI board #34! Currently holding a few May 80's and now wondering why I didn't jump on the 75's when premium dropped below 1 last wk. I believe May80's to be a good speculative move though. Hopefully sell-off is over, and AFS can begin to move again on its own merit.
Best of luck!
JB
PS: Any thoughts on announced AFS LEAPS offering? biz.yahoo.com |
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To: james bisczat who wrote (38) | 5/2/1998 11:21:00 PM | From: cowboyfan | | |
Yea, I know what you mean. I got burned badly too. I bought when stock went to 76 a week or so ago thinking it was the bottom. I got really scared and sold last Wednesday at 71 3/4!!!Ouch!! Next day it was up 2-3 points as well as yesterday. Shoulda held on, but coulda, woulda, shoulda!!! The leaps won't affect the stock price and I am going to pick up a few. There's some really good AFS discussion on the Yahoo message board too..... I'm out of AFS right now and really want in badly. I think AFS will one day be involved in a merger or a takeover. Also, there are rumors that the stock sill split around 90 per share. Good Luck! |
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To: cowboyfan who wrote () | 1/8/1999 5:26:00 PM | From: Fred Dubin | | |
Since you post, which is the last post in many moons this puppy has been up, up ,up with hardly a backwards glance. It's just a tad less than 89 pre split. Hope your still not short. Unless the market craters AFS may get to 60 post split by July, IMHO!
Fred |
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