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Strategies & Market Trends : The picks
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To: Sam Armstrong who wrote (2303)1/19/1997 1:40:00 PM
From: Andrew Vance   of 6124
 
*AV* CCEE

You are correct. My once in a blue moon foray into the pennies was a bust and now apparently it is at 7/8. You are correct with my exit point. Therefore, my haste to exit may have cost me a profit. But do not worry, the money went to a more profitable purchase. Somewhere on the food chain, it might have made its way to QUIG (I won't do the paper trail since I want to beleive that is what happened, even if it didn't, if you catch my raitionalization).

I would like to know why Nanda beleives this will move. A 7/8 to 1 1/4 seems like good numbers to talk about, since TPII did the 7/8 to 1 7/8 move. However, if this is the only reason for the Nanda comment then, no thanks. I do not know how many shares traded at $ 1.87 on TPII but it sure as hell fell to $ 1.06 by the end of trading (I only quote on bid for a sell and ask for a purchase).

I am going over to the ADVR thread to do a great deal of reading now. James Colter posted a request concerning Shawn's ADVR. I have the time now to finally finish the volumes of posts (like here) there. I have been picking away at that thread to get a background such that I can answer J. Colters question.

If you are considering this as a purchase this week or even Monday, could you tell me how you are able to buy and sell without getting totally screwed with commssions which amount to close to 8-10% for a round trip????
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