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Strategies & Market Trends : games trader group

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To: John Paquet who wrote (8)9/17/1999 1:00:00 PM
From: John Paquet  Read Replies (2) of 507
 
Profits taking my stock B Bio.al @$1.70 level yet it moved to $1.83 day hi. LOcked in gross profits near CD $7,500,, not bad not bad at all in less than two days.

As I said that I am so sure that I will make some money out of this play.

Strategies out of this are as follows:

Clike here for my explaination and preparation of the buying points as I expalined to mr.ed it was a textbook strategies, go figure folks. BIO.al followed exactly as I prescribed only one penny below my $1.36, yesterday BIO down to $1.35 and retraced back to today day hi of $1.83.

quote.yahoo.com

The reasons I rush to lock in profits are:

BIO.al is still much on paper than real production phase,

SEcondarily, BIO.al China deal 1998 is not clear at all.

Small revenue is the third, although potential looks huge yet it has not proved.

So my strategies are winning rather than investing, I rush out and locked small profits around $.30 a share.

I expect that BIO may go down to that $1.00 level or higher than I will jump the gun and buy lots of it.

This kind of stock is the best to make money by trading in and out and out and in as the liquity is so good due to very large volume and many trading activites, you see.

John Paquet
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