Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: BarbaraT who wrote (11954)	7/16/1999 1:02:00 PM
From: Jim B	Read Replies (2) of 108040

be careful barbara I put 90% of my funds into HRCT at 2.25 it's now at 1.61 ; a 60cent dip wasn't something i planned on; and with no more available cash I had 2 choices. 1) hold and buy NOTHING else and wait for it to go back up (which could be next week.. could be next month.. who knows) 2) sell and try to play a few other stocks.. get some profits and buy back into HRCT as a daytrader, the first option didn't sound like much fun to me. just because I buy or sell a stock doens't mean that i do or dont think it has long term potential I sold EDIG several weeks ago but still feel it is going to make some good returns.. i just dont have enough cash to play everything.. there are about 10stocks I REALLY like right now.. but if I were to play them all at the same time and just buy and hold.. I'd have so very little in each one that I'd need 100% gains from each one to make it worth my while. so with 10 stocks are so that I really really like, I'm usually buying 2 that I'm willing to hold long term as long as trading continues to be favorable and 1 or 2 that I'm daytrading in and out of by the hour.. if you're asking me to manage your portfolio for you, I don't think I'd be of much good to you.. sorry this sounds like a nasty reply.. but it's been a VERY stressful week for me at work and you're the 2nd person that has insinuated that I'm responsible for people's buys/sells here based on what I post.. do we need to have a discussion about plays that many people have brought here that did NOT work out? what about having a session THANKING people who brought good plays? I posted yesterday that CJMT seemed good at .09 to .12 and it's been above .15 all day and was as high at .195 OGPS I've DD'd to death and claimed for weeks that "anything near $1.00 sure looks like a great point to accumulat" and it's now 1.34 and in 30 to 60days could very well be applying for NASD... who knows.. penny stocks are mostly crap stocks.. very few really are worth buying and taking your eyes off them for weeks.. you never know what the company might try and pull or what the MMs are going to do despite how good the DD is.. so when I post something, I make no guarantee to go along with it that I might not change my mind.. but I do post in honesty.. if I think something is worth just a quick trade. i say so.. if i think it has potential to be a longer term play.. i do.. then i buy and sell as I please I like you and respect you... so hopefully we're still friends after I've had time to cool off... I'm in the middle of renegotiating my contract with my employer and if you have ever had to do that ... it's VERY stressful.. very tough to know whether it's going to work out or not... and on July 26th I go in for surgery.. my wife's sister is in the hospital with TB and my own wife is recovering from surgery she had a few weeks ago.. so as a warning to anyone... please dont pick now to take issues with me.. thanks jim

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