ABP

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • RL
    Senior Member
    • Sep 2003
    • 1215

    ABP

    PETER LYNCH purchased over 3 million shares from Wed. to Fri. for family
    I figure If It's good enough for him It's good enough for me. If It dose go down how far can It go ?
    Ray Long
  • jiesen
    Senior Member
    • Sep 2003
    • 5319

    #2
    illiquid

    my guess? 2-2.5

    avg volume is 350k. If PL bot about 9x the avg daily volume in 3 days, and drove the price up from 1.5-3.0, that would not make me want to buy it at the price he had to pay because of it's illiquidity. Why not wait until volume and price die back down to normal, and get it cheaper? (just wondering, not advising or anything)

    Comment

    Working...
    X