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Non-Tech : The Critical Investing Workshop
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To: Bridge Player who wrote (284)10/8/1999 7:51:00 PM
From: Voltaire  Read Replies (3) of 35685
 
Hi BP

Thanks.

Yes, if there is no split and even with good earnings this stock should pull back. I invest for about 10 people and I always pull one-half of their and my positions out of the market or write calls up to the percentage I feel the stock will pull back. Then I leave the rest in for the earnings report and possible split announcement. If this stock has good earnings and a split announcement we should get a good 15 point rise out of the stock and I would be happy with just half the money in the market. To me in these manipulated markets, it is a fool who rides through earnings, not me! I then hold everyone out of the market for 5 to 6 weeks due to the manipulation I know is coming.
Now if I could get a split, then I would look at it and make my decision on whether or not the manipulation could be that severe. Hope this helps.

Voltaire

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