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

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To: Don Kelly who wrote (41445)12/8/1999 10:57:00 PM
From: Kimberly Lee  Read Replies (7) of 108040
 
I have posted before and I will do it again. Most of my picks, especially recent IPOs that I give targets, I hold them AT LEAST until that target is reached. RMKR, for instance, met my target (25) today, but I HAVE NOT SOLD one share. I sold some RETK when it reaches my 3rd target of 78 a few days ago when the stock exceeded my published target.

News and momentum trades are a matter of dynamic decision as to when one decides to sell. Lately, at least half of them I don't even bother to post as they move too erratically. A case in point today is PERL - if you make enough a profit on it, move on for there are scores of daytraders and momentum players who will dump it in the blink of an eye.

None of my clients post here. They are very busy professionals, most of whom lead very fulfilling lives and don't have time or the need to desperately find outlets for personal bitter envy.
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