Noveder Inc. - NED - MSE Message Board

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Gold/Mining/Energy : Noveder Inc. - NED - MSE

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To: David H. Walker who wrote (6)	3/20/1997 10:44:00 PM
From: Cadman Chui	of 30

David, Setting a profit limit is fine, I agree... But I've also got a loss limit. I usually limit my losses to 20% including commissions. If I'm willing to take losses of 20%, I should be willing to take gains > 50%, or I'll end up losing in the long run, since its highly unlikely I'll hit a home run on every stock. Anyways, NED traded on relatively moderate volume today and is holding at $1.57 - $1.64... Closed up at $1.63. Congrats on your short term gain... It's a worthwhile gain, but I'd stick in a little longer... According to your source, it'll hit $2.00+. That's not really so hard to believe considering the jump it made 6 and 12 months ago. If you're thinking about taking your profit, maybe you should sell part of your position and hold your "winnings", for a possible run. Regards, Cadman.

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