SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LemonHead who wrote (11946)7/1/2000 10:29:56 PM
From: Bernie Goldberg  Read Replies (1) of 18931
 
Hi,
What a great week this was for me.
Got to sell 10% of AMKR in my IRA just two days after I bought it.
8% of my COMS at better than 50% profit (LIFO basis).
Bought these shares last March and April at 25 and 22 per share). Haven't done the calculations yet but that's in the range of 150% profit.
Even stodgy old MRK gave me a sell of 5.4% of my holdings. I bought these shares in January of 1995 at a split adjusted price of 18.90 for about a 400% profit in 5.5 yrs. MRK is my biggest holding since it was the first stock I bought about 6 yrs ago. I guess Bob was right about large Portfolio Control turning into B&H.(well almost). Those shares have been paying a nice $1.16 dividend. That works out to about 6% based on what I paid for them. And this was during a period of time when MoneyMarkets were paying 4%. In any event Aim knew when to sell. Many thanks again to Mr. Lichello.
This is one place where Vealies worked to perfection. These shares represent 50% of whats left of my original purchase. By using Vealies I Was able to preserve both the shares and their dividend.
I also got to sell 6.7% of my APCC for a 102% profit. I bought these shares in February of last year. I've held APCC almost as long as MRK but it has a much higher turnover rate. Just goes to show how flexible AIM is. It handles every stock differently depending on what their needs are.
It really is amazing how much action one gets with AIM even in a market that the experts think is going nowheres.
Bernie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext