Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.847

-0.2%

3:50 PM EST

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To: Bill Wexler who wrote (6429)	1/29/2000 12:17:00 PM
From: tsunami	Read Replies (1) of 10293

<VLNC> Fundamentally I agree with you 100% Bill. I also believe VLNC doesn't represent any value. But in case stock continues to rise, what kind of exit strategy do you have? At which point will you box your position or take the loss? I know that depends on the conditions and is very hard to answer so lets take the simple case where stock continues to rise with no news on average volume. How will you play a trade like this? The reason I am asking this is, I know you post your losses from time to time and one of the few posters that does so. Just want to know your loss strategy on it is. good luck with VLNC! * disc: I dont have a position in VLNC currently.

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