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Strategies & Market Trends : Action & Options- Taxikid plays

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To: BamaReb who wrote (3000)12/10/1997 3:53:00 PM
From: taxikid  Read Replies (1) of 4339
 
a few of the good doctors were here posting to buy these penny stocks..
upet and other stocks..
goldf and another DOG i cannot remember.. xcl i think..
i put a 5k order in @ 75% of the bid and started a quick due dil thru edgar-
the first 5 mins i knew the co was horsemanure- i cancelled the order- but got filled for a k..
mind you @25% less than the bid...now it just went straight down..
i could have gotten out but i wanted to savor the loss, figured it would have taken longer..
also gives me an idea of how much these stock docs know.. bottom line it went down every day since and i told lee the day i bought it it would get delisted and go to $000
i told my wife also..
it was like a $300-$400 investment..
so i watched and waited..
and it finally got delisted..
you know i always post my mistakes and my scores..
i don't ever cover my tracks.. the key to successful trading is knowing yourmistakes..
anyway
caveat emptor..
that is the message of the day.
BTW i always wondered what happens when a stock gets delisted.. and now i get to find out..
taxi
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