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Biotech / Medical : Biotech I-Shares (IBB)
IBB 170.56-1.3%Jan 15 4:00 PM EST

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To: LemonHead who wrote (17)2/13/2001 10:48:45 PM
From: Rich23241  Read Replies (1) of 75
 
Hi Keith-Admittedly, I have a lot to learn about AIM. Everything seemed very simple to me when I thought SAFE was always set at 10% Buy/Sell. But reading about the different percents being used for SAFE and the IW and Vealies it really gets confusing. I am still reading Tom Veale's Q&A. I just don't understand where people come up with the different AIM percentages. I have alot of different stocks that I put on AIM. It just seems that if I have 50 shares of a large cap stock the Buy/Sell advice seems very far apart before I can buy or sell. ie. Dynergy (DYN) bought 50 shares @ 47.25, my Buy/Sell advice is 33.74-63.84. It just seems like it might take forever before there would be any action in the stock. I realize now I probably should have a minimum of 100 shares in the future because I can see it reduces the spread. Perhaps, I will make that a goal. There are other stocks like NBTY Inc.(NBTY) I have 3050 shares and I was advised by AIM to buy 450 shares last week and I bought them. So, I was happy to get some action in that. I probably like trading too much. I guess it will take a while to get a feel for this. I bought the Newport Program and am definitely committed to this.
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