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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: CrazyTrain who wrote (82641)12/27/1999 9:07:00 PM
From: Tim Luke  Read Replies (3) of 90042
 
here are a couple thoughts...we could all sell tomorrow i you can then bank on a halt within days.....

i would seldom average down on a stock but i have no problem adding cs on these dips.....it's no secret we are in this for a takeover...so now lets talk about the hardest part of being in a stock for a takeover...not a day trade..not a position play...so what is the hardest part of this type of investing? the MENTAL aspect...it will cause you anxiety, impatience, mood swings with every tick, always thinking the word HALTED ...hoping that every morning you will have news of a buyout....you add all this up and can rip you apart if you let it...how many of you thought about bailing today?...alot i'm sure.

so you think the cs specialist know all this?..of course he does...and this is why it's so easy to shake shares....hell i did it with xyln ...i called xyln at 10 with a 36 buyout....rode it to the 20's...got shaken out due to being impatient...a couple weeks later it gets halted and i take 15 points off the table...same with vdim...not a great premium but i got impatient.

with cs you have to look pass the day to day ticks..look at the big picture here folks..on it's own cs is a 40$ stock..i have no problem holding all your hands on this one;)
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