AVANT Immunotherapeutics Inc. (Nasdaq: AVAN) Message Board

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Biotech / Medical : AVANT Immunotherapeutics Inc. (Nasdaq: AVAN)

AVAN 10.04

0.0%

Jun 12 9:30 AM EDT

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To: TATRADER who wrote (428)	1/24/2003 12:26:04 AM
From: rrufff	Read Replies (1) of 513

Hi Tatrader, I'm primarily FA but I do the chart thing. Trouble is too many theories and shapes. (Someone posted a parody near the end of last year about shapes and wavey lines and how you can almost say anything with any line formation.) I stick with stuff near 52 week bottom with good stories and turn around potential. I follow approximately 30 companies and try not to weight any one company more than 10%. I sell on pops and get back on dips. I average down on stories I like even though most say that is bad investing style. Results for me is that you lose totally on a couple but because of my limits on concentration in a varied portfolio, huge gains on just a few make for very big profits. E.g. I bought ASKJ for under a buck and you can check it out today. ASKJ assures me of a profitable year no matter what happens from this point on. I usually have 5 major winners and 15-20 small winners and 5 losers of which 1 or 2 go under or totally collapse. I don't think I'm smart but I know math and how to play the odds. Oh yeah, I love to play against the organized bashers-manipulators. It's fun to see them run when they don't have the facts. I also hedge with options and sell short occasionally. As for AVAN, I just bought some more when it dipped to $1.15 this morning. I think it's going to be huge. I usually stay away from bios but this one has good management and is shareholder friendly, very little hype. They have just solved the puzzle of viability. The future is secure. As the word spreads and the world of terror continues, AVAN will move up to 5-10 and eventual profits will take it further.

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