| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
Hello!
10 days ago stock of "Chambers Development" plummeted 20 points on one
day. It is still going down but at a slower pace. It is trading at
around 9 right now. 12 days ago it was trading around 30's. My question
is, anybody knows about this stock?? Is it worth buying at this price
or price may still go down?? Janus 20 fund is the biggest stock holder.
Also, there is class A and Class B of this stock is traded. What are
the differences?? What analysts think of this stock?? Any information
is appreciated.
Bharat S. Shah
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 134.1 | "falling knife"?! | CSSE::POTTER | Tue Mar 31 1992 17:03 | 7 | |
I don't know anything about Chambers Development but Peter Lynch
in his book "One Up on Wall Street" advises against trying to catch
a "falling knife". He advises to let it land and stick for awhile
before grabbing it.
-John
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