ADPT
Dave,
No, actually I got out (through a very lucky break) last week, then got back in at the bell yesterday, when it was actually something of a no-brainer.
The lucky break last week was that I'd put a stop order in at 17 3/8 (after buying at 18); the stock fell as low as 1/2, then shot back up to 15/16, at which my stop order somehow got triggered and I got out with a 1/16th loss. Then I sat back and watched all the poor suckers who were still in it get soaked for another two points, at which point you could see the bottom with a fair measure of security.
Now if I can just figure when to get out: Already in double-digits (with margin), so it seems reasonable to take profits. Thing is, if I'd done the same with ABTX, I would've missed an Instockian profit last week, and Doug never could've gotten in the line about me doing cartwheels down my hallway. At that rate, I'll be able actually to afford a hallway--something we don't have many of in New York.
Ivan
PS: Speaking of New York oddities: There were two girls talking on the D train this morning. One of them said, "I found a condom on my patio this weekend." The other one said, "What's a patio?"
That's New York. |
