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Non-Tech : GTAX - Gilman & Ciocia, Inc.
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To: George R. who wrote (109)1/31/1998 2:28:00 AM
From: Doug R  Read Replies (2) of 184
 
George,

First I have to say that due to commissions and taxes, 100 shares of ANY stock sets you up for a very steep hill to climb!! I DO have a problem with watching people chase stocks that I have picked. Chasing a stock is when a person sits on the sidelines as a stock goes up then jumps in when it has climbed in a seemingly convincing manner. I have said many, many times, "Don't chase a stock". Now don't take what I am saying as anything personally negative. I also have a problem with people that jump into a stock because they have the notion that just because I say I like it, it will go up on "popularity buying". There was recently a huge to do from a certain party who thought that I actually moved a stock based on my SI posting. Sadly, that person decided to be impatient and took a loss when the stock did not comform to his errant perception. With all that said, I will run a complete TA on GTAX this weekend and I will not at all pull any punches. (I always give my honest take on the technical profile of any stock) I am still very much long this stock but if I get a whiff of trouble, I will post it on this thread before Mon. As of now, (without the benefit of a TA, 12 to 13 is likely in a short time).

Doug R
PS; Geez, where were you on Mon.??
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