SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line: will it survive ...?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chenys who wrote (3164)5/19/1997 10:36:00 PM
From: James F. Hopkins   of 13594
 
Hi Chen: Are you going to tell me were to get that info ?
heck mail it to me ifin you don't want to put it online..
I'm working on sumptin too... Money chasing stocks runs up
the price
..inflow/outflow of savings into mutual funds
has more to do with which stocks go up and which go down, have
you noticed how often a dog can go up in the face of bad news
or a good one down on good news..got to track the mutual funds
and their holdings to get a feel for it..I'm setting up a large
program at this time to see what I can come up with..
Was busy today..my puts on Scop sold when I wasn't looking..
also AS sold..heck just bought her friday...put in another
buy order at 3-3/4..I'm getting almost like a SOES bandit..
with my trades only costing $12 what the heck..I'm not above
skimming an 1/8..<G> But with options I can't get in and out
that cheap..so I have to get at least a 1/4; then with the time
premium..and the spread the bookies put in..I'm making more
money just trading in and out of the beat down small caps, than
I am with options. Lots of people over look things like SPCO
was selling at $2 thursday..she has had a 25% run up since then.
alas I missed getting her thursday as I was bidding 1-15/16..
but you got to trade cheap on the penny stocks or commisions will
eat you up..how ever if you can trade cheap..the percentage is good
and you don't have time working aginst you..buy the sucker put a sell
price on it then forget it till it sells. Last thing tho..do a
all or none on the buy/sell ifin you don't want to wind up getting
just a part order filled..and having to pay more commisions..depending
on the stock...I use 1000 or less size bites if on the NAZ, so the SOES bandits can trade em , they become my friends in that respect.
Try to get some ECO @5-7/8...it should be good for a fast 3/8
Try AS @3-3/4..CMMD @2-1/5 jus let em sit till they tick down,
cch @11/16 AZ @ 3/8..if you don't get em nothing lost. They are
all good for 1/8 or a little better and you seldom have to hold them
very long..if SPCO ticks back to 2-1/4 grab it ( half.).then if she
goes to 2 again double up..need to go work on my short ( put )
list for tomorrow..xcit ticked up today..hmmm if she goes up
another point puts will be in order..I'll likly bid 3/8 below the
bid in the morn jus in case she go that way.
Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext