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Microcap & Penny Stocks : Perle Systems - Who wants to talk? PERLF

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To: Scott H. Davis who wrote (204)9/8/1999 5:09:00 PM
From: HeyRainier  Read Replies (1) of 248
 
Scott,

I don't currently hold any PERL. I am in a combined leveraged and hedged position in SBUX (heavy the stock, short the options), while I focus my other free capital on trading fairly good issues with nice risk/reward technical profiles (part of it to outpace the poopy QSND returns). I played Clarus for 32% from 9 13/16 to 13, and again recently from 11 1/4 to 12 3/4 for another 13%. I'm looking to compound this free cash faster than any of my longer term holdings through more efficient, and faster-paced trading, since tax-related turnover is not an issue with my Roth IRA. The goal is to compound it at a rate greater than 50% a year, long or short (I fulfill the short component in an IRA by going long a "short fund." Funny huh.)

--Rainier
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