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Strategies & Market Trends : Mick Orgas looks into his Crystal Ball....
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To: Charlie Langford who wrote (198)3/18/1998 11:14:00 PM
From: KeepTahoeBlue  Read Replies (3) of 461
 
I appreciate all the opinions about the release times for picks. You see I cant win it seems. Release before the close and a few get in and sell into the gap the next morning against everyone else. Release before lunch and some get the email quicker and its not fair on top of everyone gets nutso and placing market orders and the damn MMs run it up to God knows where. Release it after the close and everyone in the world knows about it before the next morning. So, my thinking says try releasing it say 15-20 before the open so everyone on the list has it BEFORE the open and can decide what price they want to put in. The MMs dont have enough advance notice although its true they will know something is up with the orders, but they are going to know anyway. With everyone placing limit orders it will slow everything down and hopefully help maintain reasonable gains.

Bottom line it there are over 1000 people to make happy and thats never going to happen. I never thought it would come to this, but now that it has its just kinda trial and error until something works.

All opinions positive and negative are welcome, keep them coming!

I will see everyone by Email before tomorrows open. Good Night

Mick Orgas

FWIW The Mick Orgas penny mutual fund of picks gained $100 dollars today to bring total current profits to $3,020.
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