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Strategies & Market Trends : 50% Gains Investing

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To: HandsOn who wrote (8937)7/16/1999 2:26:00 PM
From: Richard TsangRead Replies (1) of 118717
 
Nice way to scalp a few points off the new sleeping IPO's! I now have small positions in APNT, INTM*, ESPS, NASC*, SABC, AHWY, EDGR, NPLS, DIR and ZANY* (* = from IPO thru DLJdirect). Some of them are still in quiet period. All are still in positive territory.

For a complete list of June IPO's, see:
techstocks.com

I have to love my primary online broker DLJdirect. They let me have 100 shares of EELN at IPO price of 14 a couple of weeks ago. Sold them all with a $3k profit. Today they gave me 100 shares PDYN at IPO price of 17. Soon after I got notification early this morning, I put in a gtc to sell half at 50. It got filled at 55 1/4. Will keep the other 50 shares unless it goes to 100. There are 5 more in the DLJ pipeline so I need to keep some cash in the account.

RT
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