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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: Jorj X Mckie who wrote (283)1/15/2000 2:41:00 PM
From: John Pitera  Read Replies (1) of 2850
 
Tom, I agree with you on CNXT, I actually saw that prior to you mentioning it.

I think we could could make that one of our 23 day stocks that are in our long-term holdings and put 50K into it on monday.

5,000,000 * .23 = 1,150,000 /23 stocks = 50K

or better yet put 30K of CNXT into our positioning account and another 60K in our shorter term trading account and we will consider stop-losses and price targets on the 60K in the "trading" account.

//edit// this is actually more of a discussion for the portfolio thread, I will copy it over there.
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