"HUH" is right! Anyway, I need support from my AA group tonight. That's AIMERS Anonymous. I have an AIM stock that I converted over back in July '97, having initially bought it at 8 3/4. The stock is a S. African mining company DROOY. (You can see it at: news.com
Anyway, I chased it down to its low, buying at 3 3/8, 3 1/16, 2, 1 13/16, got a blip up and a sell at 3 5/16, and turned around and bought more at 2 1/2, 2 1/4 in February. Being faithful to my AIM, it had me put in a GTC order to sell at 3 1/8, and this order had been sitting ever since, with no AIM activity at all. Due to the inactivity, I don't check this one every day, but noted that the stock was up to 3 1/2 today. Well, the sell at 3 1/8 tripped yesterday, and the stock closed at it's high at 3 1/2. I entered the sell into Newport, and now Newport wants me to sell 1400 shares, (40%!) of my stock at this 3 1/2 price. On the one hand, I don't want to cheat the program, because it turned a real losing hand into a really great winner to this point. But that old emotion of greed is burning a hole in my side, because of all the shares I have, and you never know if this stock is going to take off on a real run. I'd hate to miss the fun with only 60% of my present holdings. AIM makes sense, but it's real hard buying all the way down!!! Now I'm finding it equally hard to sell on the way UP!!! What I need is an AIM sponsor (just like in AA) to talk me down. I'll put in an order to sell something before I retire for the night, but what do you guys think?
Sincerely,
RFH |
