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Strategies & Market Trends : Action & Options- Taxikid plays

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To: BamaReb who wrote (3353)1/15/1998 12:49:00 AM
From: taxikid  Read Replies (1) of 4339
 
you seem to do what i used to do..
buy too much..
i won't advise you what to do.. but i would consider what this represents to me as a portion of my portfolio and whether you have waited long enough..
the story is the story..
if you believe and are going to hold to $8.. maybe better to dump some.. on a day where the warrants go down..{the do diverge} and grabthe warrants in place of the shares for 1/4 of the price..
so your risk is less..
depends on your personal feeling.. i believe that it won't go up until proof.. it has never based above $5.. and therefore i will not go long and hold a meaningful position in it..
since i have made money trading it, i don't feel the need to risk so much money in a long term long position.. in aipn.. there are very few stocks i wanna hold now..
some are looking mighty interesting.. but it seems that bargains are non-existent.. and just still overvalued {even thoughthe price is lower than last year} stocks..
no more long term plays in my day trade account unless i feel confident..
and only playing w. creaf i don't know what is behind door #1 for earnings.. so.. i just hold my core and trade for $$..
email is open..
i will email your response tomorrow.. i hafta be up @ 5:45 am so i gotta get sum shuteye..
taxi
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