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Strategies & Market Trends : 50% Gains Investing

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To: jgideon who wrote (959)5/27/1998 11:31:00 PM
From: Craig LiebermanRead Replies (1) of 118717
 
Don't worry,
You will have another chance to cover at 82 tomorrow.
The fear thing will stay with the stock on and off for a few more days. I believe that the low for DELL could be about $72/share where we had the resistance from the pre split high ($144 before last split).
So with that possible 14 point drop from here, am I going short?
No way. I added more at 96, 95 and 88 recently. I will be holding those shares when they pass through 200 some time next year.
This is the variable:
When will DELL announced the next split. They asked shareholders to raise the number of shares from 1 Billion to 3Billion shares. Vote due mid June. Pick your entry for the next 50% raise.
Craig
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