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Lexmark International Inc. Message Board

  • mikem789789 mikem789789 Jul 1, 2002 11:42 AM Flag

    LXK was a gift as a Short here

    on this 5 point rally off 50.25. Classic 5 point over sold rally for LXK makes LXK a great short at 55 and I waited for LXK to take out the minor low at 54.87 and did my first short right there. I did more at 53.87 and will do the last of my position shorting at 52.87. Then, adding to this position each point on the way down as LXK tanks into the 40's.

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    • You can throw a dart and short any stock of big caps and make money. This is the problem of the confidence on the entire market not the fundamentals of LXK. It does not take a rocket scientist to figure out.

      LXK is not just a tech but alos a consumerable product company. It does not make much diference between consuming cartridges and napkins/soaps. Consumerable products companies like PG are doing very well. The market has yet to recognize that LXK is also a consumerable product company.

    • Gee, you are just brilliant. Allow me to be the first to congratulate you on your massive $1-2 temporary gain. While I'm busy patting you on the back, perhaps you'd like a cookie?

35.60+0.11(+0.31%)9:32 AMEDT