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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits"

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To: Ray Richardson who wrote (88)2/15/1998 12:31:00 AM
From: Mr. Whist  Read Replies (1) of 1185
 
Ray: Re "in the neighborhood of a month": I'd suggest taking a look at a few charts if you want to really zero in on the time frame. SOI, recently spun off from Monsanto, might be good starting point. That one traded down for a while before the train got rolling. I got in at $19, then bought some more at $21, after it became apparent it was headed in right direction. Buying 50% now, 50% later often a wise move, especially with fee of just $20 for computer trade these days. My thinking is if you're planning to hold the stock for a year or two, which is usually my time frame, probably isn't all that important whether you get in at $19 or $21. Important thing is that it's headed in right direction.
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