To: TWICK who wrote (3) | 9/24/1998 6:31:00 PM | From: upndn | | |
Good move, I couldn't resist myself and added another 15% to my already large position. I've been peeling off the same # of shares of an Information Tech. co. that I made a quick 30% on the last 2 weeks. (CGZ) I believe we should soon retrace that move to $13 and hold it. This could be a real great one in two to three years. IMHO Jim
<<<Picked some up at $10>>> Hope you did, everyone else paid 10 7/8 or more today. (gg) I know what you meant....... |
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To: TWICK who wrote (5) | 9/25/1998 10:21:00 PM | From: upndn | | |
I couldn't resist, with the slow trade and " low " price I picked up more of Lithia. I think this is my flight to quality considering that downside is no more than a $1 at this point, upside anywhere from 3 points soon to ????? We may see a lot of resistance at $14, unless we jump by on an earnings release.IMHO How many more shareholders do we have to wear out at this low price before we move up?
I also have a large position in WMS Industries (WMS). They have the new hot slot machine, not as safe but big potential. LMTR ~Its Rolling~ Jim |
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To: upndn who wrote (6) | 9/25/1998 10:26:00 PM | From: TWICK | | |
I don't want to be too waited in one position. I thought about buying another 1000 shares near the end, but decided to hold cash. Happy with my 1000 shares and hoping for a decent gain in the next couple of months. That's long term for me.
TWICK |
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To: TWICK who wrote (7) | 9/28/1998 8:36:00 PM | From: upndn | | |
Saw your posts on 'Market Gems', took a quick look at RXSD and the estimates look great compared to last year. Why is this one so beaten down?? Aug. 5 press release;
<<Mr. Nast also noted that the Company's stock price experienced a decline yesterday, along with other companies in the vitamin industry. ''We believe that the reason for the decline was related to comments made regarding pricing dynamics in the health food channel of distribution. In our judgment, this event in no way impacts negatively on the growth prospects of the vitamin and nutritional supplement industry or on the basic, inherent strength of Rexall Sundown. Our current and future position as the leader in the vitamin and nutritional supplement industry remains unchanged,'' Mr. Nast concluded.
For the first nine months of fiscal 1998, the Company reported revenues of $377.2 million, an 87% increase over the same period in fiscal 1997. Diluted earnings per share increased 78% to $0.66 per share, based on 73.6 million weighted average common shares outstanding, from $0.37 per share, based on 69.7 million weighted average shares outstanding, in the first nine months of the prior year.>>
Have you picked a buy point, or have you started to nibble waiting for a "sure" reversal to take a big bite. ;-})
TIA Jim |
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To: upndn who wrote (8) | 9/28/1998 9:38:00 PM | From: TWICK | | |
upndn - Did you read the responses on my analysis ? The folks who gave their feed-back and opinions are ones I respect and learn from.
At the time I did my technical analysis, I knew about the "Bad Product" rumor, which I earlier read on Yahoo. I was purely trying to see if RXSD showed a bullish one day/short-term chart. I currently have no position, but I do have it on my watch list. Hopefully, we will hear the truth regarding these rumors. I'm surprised that RXSD has not publicly commented since the recent price tank.
Keep me posted if you hear or read anything.
TWICK |
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To: TWICK who wrote (9) | 9/29/1998 10:22:00 AM | From: upndn | | |
From the si RXSD thread,
BOCA RATON, Fla., Sept. 29 /PRNewswire/ -- Rexall Sundown, Inc. (Nasdaq: RXSD) today announced that its Board of Directors has authorized a share repurchase program, which will allow the Company to buy up to $100 million of its common stock. Under the terms of the program, which has no expiration date, the Company expects to buy shares from time to time in the open market or in privately negotiated transactions, depending on market conditions and other factors. At yesterday's closing price of $16 1/4, the repurchase program would allow the Company to buy approximately 8.5% of the total common stock outstanding or nearly 17% of the shares in the public float. As of May 31, 1998, the end of its third fiscal quarter, Rexall Sundown had $99.6 million in cash and marketable securities and no long-term debt on its Balance Sheet. "The action taken by the Board of Directors reflects our continued confidence in the Company, its future growth potential and our positive outlook regarding the long-term fundamentals of the vitamin and nutritional supplement industry," said Carl DeSantis, Chairman of the Board. "The Board believes that this repurchase program represents an attractive investment opportunity which will benefit our shareholders." |
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To: TWICK who wrote (9) | 10/10/1998 1:51:00 PM | From: upndn | | |
Have gone to cash. This is still a great company. But for the forseeable future, things don't look good for stocks in general. Former big bulls have already gone thru the exit, and the small bulls are out of funds and can't drive prices up on their own, yada, yada, yada Jim |
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To: upndn who wrote (11) | 10/10/1998 2:47:00 PM | From: TWICK | | |
No. I'm long at 10 7/8. Price is holding up ok as far as I'm concerned. I am overall 75% cash but buying thanks to this wonderful "BUYING OPPORTUNITY". There are so many incredible buys, I'm having a trouble picking the companies I want to buy. It's like a candy store out there.
TWICK. |
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To: upndn who wrote (11) | 10/19/1998 11:53:00 AM | From: TWICK | | |
Glad I picked up more at 9 3/4 on 10/14 for a tidy profit at 12 3/8. Still holding my original shares at 10 7/8. Anyone know why the sudden surge of 14%.
TWICK. |
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