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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Starduster who wrote (7335)12/16/1997 11:59:00 AM
From: Rob L.  Read Replies (4) of 31646
 
Sandie, I can see you are not a fan of cutting losses and you are obviously emotionally attached to this one. It's dangerous to get emotionally attached to a stock and goes against basic stock management. If you are betting that the stock will jump 10-15 points with NMS listing (which is very speculative in itself and entails a minimum of a 180% gain from here), you will be very wrong. That never happens! As for new contracts, only time will tell and who knows how low the stock will be when the contracts are announced. I expect to be flamed royally for this post, but that's par for the course on this board. I stand by my position to sell when stock get to be 80% of the purchase price. Normally I use 15%, but for this one I have already made an exception.
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