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I bought it .... it worked for a bit .. made a half point.. then it started
to show weakness and began to roll over into flat market conditions so I
sold and shorted it. ... made 6 points on the short so I covered just
now. Great beta on this issue ... thanks for bringing it up to the list
John ... It's a real mover.
Bob
At 09:56 AM 1/7/2003 -0500, you wrote:
>SCSC [sells purchase scanning equipment] announce at close yesteday a
>2 for 1 split. Earnings on uptrend and heavy institutional
>holdings...up to 98%. Could also benefit from short squeeze...very
>thin for now. Just a little buying could move this...just be nimble.
>
>Best one I have seen in a while...especially if market trends up a
>bit.
>
>Do your own due diligence.
>
>John
>
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