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 : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob C. who wrote (20154)12/1/2003 1:19:12 AM
From: axp  Read Replies (1) of 20297
 
I'm still here and check this board a few times a week.

I've been buying and selling CKFR using a mechanical method for the last few years (AIM). It was working as planned and was gradually lowering my average cost. But during the summer run-up to ~29 I got nervous and sold 3/4 of my position at ~27. I was lucky and surprised when it subsequently swooned to the low 20's and I bought back half of what I sold at 21. That single 'hunch' move helped more than 10 or 15 incremental AIM trades! Go figure.

I like this stock for it's volatility and relatively stable long-term outlook. I see only healthy competition that keeps them on their toes but isn't strong enough to steal a significant share of a fast-growing market.

I'm in for about 4,000 shares now at an average cost of ~10. I'll keep my investment around this dollar amount by selling when it goes up and buying when it dips.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext