ACMI - Accumed Inc. Message Board

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Biotech / Medical : ACMI - Accumed Inc.

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To: Bill Brogan who wrote (309)	9/29/1997 7:38:00 AM
From: Cisco	of 1894

Bill, I have just started reading one of Wade Cook's book. So I really have little experience with his theory. However, I believe he likes to choose stocks that go through rolls in relatively short peroids of time. I sold my ACMI late last week when I saw the volume was going to be low again. I am hoping to buy it back some time this week around $2 1/2. Until this stock gets ready to pop, I decided I would try to go ahead and make a few thousand rolling it. I sold my orginal 2000 shares at 2 15/16 and bought back 7000 shares at 2 5/8. I took profits on those at 2 15/16 and am now waiting to buy back again. I believe this stock has a very bright long term future. I believe other experience players have reached the same conclusion and that we will see large block buy when this stocks dips like we saw about a week ago. At this point I still believe this stock may be $5.00 by the end of the year. By rolling it a few times, I have purchased insurance on this stock being profitable for me in the short time. I use Waterhouse so it only cost $12 to trade 5,000 shares. The danger in rolling is that you could miss the pop, or not have the opportunity to purchase back on a dip. I hope this helps, Cisco

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