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 : United States Enrichment Corporation (USU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terrapin who wrote (68)6/10/1999 11:17:00 AM
From: Daniel Chisholm  Read Replies (1) of 81
 
It's interesting how different people predict news will affect stock openings. When I noticed what (to me) was "good news" on USU, I figured that the stock price would probably jump up today, and I'd have to pay up in order to increase my position.

James Clarke however thought

Also, the USEC announcement today was huge. I consider it positive in a big way. The market may consider it negative. Watch this stock tomorrow. It will probably trade in a 2 point range one way or the other. I would pay $15 for it now if I had to. I don't think I will have to.

exchange2000.com

Looks like we were both wrong ;-). So far the reaction (and volume) seem to be pretty mild.

Before the market opened, due to James' concerns of a large trading range today, I decided to get "clever" in my buying today. I decided to dollar-cost-average by buying (with market orders) equal dollar amounts of stock at each of 9:30am, 10:30am, 12:30pm, 2:30pm and 4:30pm. The relatively flat price action so far has made a mockery of my cleverness, however this is the first "real time experiment" of this sort that I've done. I'm curious if this will gain me an (infinitesmally) improved acquisition price. If anyone's interested, I could report the actual results.

- Daniel
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News