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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: acuransx_2000 who wrote (12385)9/17/2002 11:57:14 PM
From: Dave Gore   of 16631
 
Acu, who cares? Some of us made money on both of them by buying them cheap and trading them when they ran up.

My call options strategy really worked well for me on ESST, once I saw the manipulation going on and decided not to fight it (in my trading anyway) and play the extreme dips. Buying ACF at $11 and then averaging down very heavy at $9.50 a few weeks ago worked great as it ran to $13 and then to $17+.

Again, you seem to not understand ODOD or ODOW. It is a TRADING stategy.

As far as their current prices, I am surprised, but not shocked and I don't know of anyone holding them long. So what's your point? Successful investing or trading is all about adjustments. Fundamentals change.

No one can possibly know how a company will perform in the future (especially 6 months out), but we can establish CURRENT Fair Market Values based on earnings reports and Conf. Calls., etc. That's what Bruce, I, and others were doing with ESST and ACF.

As for you, you've again proven yourself to be a whiny little trader that apparently didn't do his DD and lost money. Learn form it, we all have. It's part of the risk. And show a little class and take some responsibility for your own actions.

You pulled the trigger. No one else.
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