724 Solutions (NASD: SVNX, TSE:SVN) Message Board

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Technology Stocks : 724 Solutions (NASD: SVNX, TSE:SVN)

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To: Ron Schier who wrote (129)	2/3/2000 8:29:00 PM
From: Thermidor	Read Replies (1) of 337

Your right. A few days of wild moves can be disorienting. To many time I've allowed those types of moves to shake me out only to have the stock take off a few days later. A couple of weeks ago I was in the same situation with EDIG as we are today with 724. EDIG had broken out (through) $10. So, I picked up 500 shares. My first inclination was to hold for three days and let the thing play out. But the next day when it spiked to $15 and then crashed back down to $12 I quickly sold off my shares at about $13.50. Two days later the stock hit $25. Yes I made some money, but I should have stuck with my gut feeling which was to let the break out play a little. Particular if the third day falls on a Monday. I generally find Mondays to be big days because it tends to be the day that money comes into the market. If we say that today is the first day of SVNX's break out then the third day will fall on a Monday. Given my EDIG experience I decided this time to hold SVNX a little longer. Time will only tell if I made the right move.

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