A.I.M Users Group Bulletin Board Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : A.I.M Users Group Bulletin Board

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jack Jagernauth who wrote (9548)	12/13/1999 7:31:00 PM
From: JZGalt	Read Replies (1) of 18928

Jack, Your clarification of "cheap" and "expensive" are correct according to my definitions. Pruning It depends on my overall position in the stock and my overall position in the individual stock issue. If I have a huge percentage of my portfolio in an individual stock and it needs pruned, then I might take it down 25%-33% on first sign of trouble. If the stake is small, then I might just decide that watching 100-300 shares of an overvalued stock which is having difficulty isn't worth the effort and I'll sell the entire stake. For instance I held 1/2 my stake in JBL after "pruning". In the case of NITE, I never took a huge position, so I'd just sell the entire portion on the first sign of trouble and I'm not totally convinced that NITE is the biggest baddest and best in the market. This isn't an IBM sort of stake, but just a nice trade that worked out well (so far). ---- Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next