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Gold/Mining/Energy : Enron - Natural Gas Industry

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To: Charles Tutt who wrote (1132)12/5/2001 2:10:28 PM
From: CJ   of 1433
 
<<sold half the shares I bought for 40 cents at $1.17.>>

Hi -- Good for you! Glad to see that others bought on Monday. I don't usually discuss particular trades {not ladylike :) }; but, in this mess, I'll make an exception in the hope it may help some of you:

I bought on Monday, shrs. in equal # of my higher priced shares, at $.37. This morning [at $1.18], I was able to sell them, plus a great big 22 shares of my higher priced ones, at a wash -- well, actually a whopping net + $8.00. {The wash/net gain IS impt., as I will keep doing this.} IMO, this is a way to work out of a hole. It takes work and patience; but; as long as ENE keeps trading up and down in this new low range, it will be possible to climb out of the hole. Right now, it's only 22 high priced shrs.; hopefully, by next week it will be at least 50. It's climbing-out at a wash or small profit, and freeing-up cash, that matters to me.

This is just my personal way of facing a "good stock visiting Purgatory," that, unfortunately, slipped right on through to H*ll !

Many of you likely have better ways of climbing-out and recovering.

Regards, and GL!

Carol
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