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.
Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ben Mackenzie who wrote (702)10/21/1997 12:51:00 PM
From: Steven Messina,L.M.T.  Read Replies (1) of 1028
 
Ben,

This stock trades on minimal volume at times. All I can say is that she is/has been heavily manipulated. My advice?....follow me. Buy in at $7 1/8...sell at 7 1/2 to play it safe. Do this about ten times and you'll see why it is I dont hold KNIC long term....pretty simple.
Granted, KNIC is preparing herself for a nice future (years away)....I dont want to play that long. Why HOLD a stock when her trading range is so predictable? Why take the loss on paper when she heads down to $7.00? Why not buy in here and sell around 7 3/8 - 7 1/2 or so. To some, trading on 1/4 - 3/8 point moves is like playing Russian Roulette, for one may miss the proverbial train.......but who cares?
Each and every day I manage to find a stock that is moving..I climb aboard for the ride..hold until my greed factor is reached, then sell.
I'm here to make money, not fall in love with a company...through good times and bad. People lose their shirt that way. I need to stay warm this winter.

regards,

steve

p.s. KNIC's currently at 7 1/8....for what it's worth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext