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: john who wrote (3213)5/23/1997 6:48:00 PM
From: James F. Hopkins   of 13594
 
Hi John: this thing messed up and I lost the first reply I typed in
Sure will like the report..basicly HECHA looked beat down , but
has a good "book" value and nice cash for a penny stock, that and
I can e-trade cheap enough to get inbetween most speads..it's a lot
to explaine..but if I like an issue I can more or less set myself
up in a way that makes me an un-official market maker..with several
bid and sell orders on the same stock I can skim 1/16ths no problem
and that way track her right on down..( I like to get 1/8ths or
better) but sometimes you have to settle for 1/16ths..I bought this one 3 times, and sold it twice since yesterday..have two open
buy orders and one sell, it's done up in increments, and 1000 share
blocks..tell the SOES bandits to move over web trader is here..<G>
For me it needs to be beat down to limit down side risk, and small
enough that I can handle at least 3k shares on hand and have
resevers for 2k more. I'v set myself up and I'm (un-offically )
making market for a small host of stocks..still got to smooth out
my action some..and I'm droping out of option plays..no time for
both..have 3 open option positions and when I close them I'l
likely go full time on this.
You went over my head with the short B to go long A, that angle
I'v never looked at ? can you explian to me the rhym and reason
behind it. Can you short something under $5 , ? thought the things
had to be in margin accounts to borrow them, if A stock drops
under $5 with my broker..it comes out of my margin account
and drops into cash account. hence if any one has it borrowed they
got to pay it back..right then and there..if I got a stock I don't
want people to borrow..I keep it in cash account..shorting is a
whole nother world..I'm afraid to do it with out I have calls
to cover with..( other wise the risk is unlimeted ) at some point
no matter how much or long you get away with it..sooner or later
you will run into a shark that will take you to the poor house,
some of the things I'v seen are hard to belive. I just wont short
with out cover.
Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext