Jim,
REMEMBER WHEN I SAID:
<I had 40,000 shares forever. With margin, I went up to 70,000. I made, what I consider a mistake ... to sell 20,000 @8 3/4 ... thinking/hoping there'd be a pullback to 7 3/4, so I could buy more. Don't think I'm gonna see that - but, who knows? Obviously this was before the Coke announcement.
I decided ... NO MORE ... trying to trade TAVA. Too risky. Too much upside potential that can be lost for a possible short-term return. Sooooo ... if it pulls back to 8 1/2 ... I'll repurchase what I sold. And will just sit on it, until 4th quarter, when I'll assess the general market.
AND YOU ANSWERED:
I joined the TAVA fan club in the last few months and will continue to Average up or down... I agree with you that trying to trade TAVA can be a losing proposition... There can be explosive upside moves on any given day... Holding and buying looks like the best strategy to me...
I wasn't sure how this warrant deal would play out. I'm starting to buy back those 20,000 shares in increments of 5,000 shares, since I'm not sure how far back this will pull. AND, THEN NO MORE ATTEMPTS AT TAVA TRADING FOR ME.
Cheryl |
