FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.406

-21.1%

Jan 6 3:59 PM EST

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To: Martin P. Smith who wrote ()	3/21/1997 12:33:00 AM
From: Gary E Stein	of 41046

It seems to me that some people think that you should either buy and hold forever or buy and sell every other day like a day trader. I prefer to do both ...I have been in and out of FTEL about 8-10 times over the last year and a half all the while still holding a chunk for that maybe, unexpected leap to space ! Yes, I sold last week ...only to buy back in on the drop. Did I take a chance...yeah,but I did have my usual chunk as insurance. I got back in a half point lower! Not great...not Bad...but I make a nice profit. I find nothing wrong in doing that. If the train left...I was still on it, only a little lighter...still not bad ! If it wasn't time and I sorta had a feeling it wasn't...I gambled. I know RB ...I read your post on grabbing a half point here and a half point there in regards to taxes. My thought on that is ...I don't mind paying the taxes because I made money to do it. Holding and Tradin' (guesss I go both ways !) <GG> Gary

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