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Strategies & Market Trends : CXI-Commodore Environmental

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To: Charger who wrote (452)3/8/1998 4:15:00 PM
From: Czechsinthemail  Read Replies (1) of 1755
 
Charger,
I think the important points are not investing more than you can afford to lose and not more than you can afford to tie up.
The rest you can use as a money management discipline, but with a company like CXI the chances of it blowing way beyond 100% gain on substantial news seem pretty good. So you may not want to have limit orders out there. This is a company with elephant-sized potential. IMO the way to be in this company is to buy and wait for the news to come out and let the stock move up on the news.
(This is Baird's Trading System, BTW):-)

Baird
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