SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CPCI - great earning , BARRON's suggest

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Aaron Cooperband who wrote (457)1/8/1998 5:07:00 PM
From: Mr. Jens Tingleff  Read Replies (1) of 586
 
Right Aaron - On the other hand I have to eat my words (expecting lower than 10) back - Looks as if market expected worse news.
So I have to say that I am getting comfortable with it again.

The movement upwards will very much depend on how the company strategy on the buyback will be.

So my advise to all those investors here on CPCI that at all wants to sell is: First of all do not sell at market price - put limit above the ask on it - Do not sell all in one sale if you hold sufficient qty (thinking of cost of sale) then divide into portions - If you have the means (on-line trading) then do not let the limit hang out there follow the price closely and move your limit upwards when the ask gets close. Doing like this your single sales will always be the new bid price - As the sale will be due to a purchase action from someone buying at marketprice - and not MM's filling their stock.

Now someone would say that the MMs would just short it - That will not be just that easy - They have to report it - Several days short will be big troubble for them - As it would be illegal.

Others would say that it would never be sold - For those I can only ask is it worth trying it out ?? - IMO this strategy can give several% a day.

Kr
Jens T



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext