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 : Vitesse Semiconductor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shoe who wrote (825)8/10/1997 10:29:00 AM
From: OldAIMGuy   of 4710
 
Hi Shoe, My method has had me 'short' VTSS, in effect, as the price has risen. What I've actually done is to sell small portions of my position to raise cash should the price reverse. This protects my gains (like shorting against the box) and gives me buying power if the price becomes 'reasonable' again. Right now I'm attempting to keep my cash reserve between about 40% and 50% of the portf's total value.
I haven't checked to see what the previous Stock Split price was. I wouldn't mind if they did split it as the act usually creates some more volatility and attracts more attention. For a tiny company, VTSS has pretty good sponsorship. Anyone know what mutuals might own shares?
Best regards, Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext