SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.734-0.9%Jan 9 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Peter Caradonna who wrote (3159)11/27/1996 9:05:00 AM
From: AgAuUSA   of 14328
 
Peter,

Traders are a frenetic group. Trading 1/8 to 1/4, my how the pennies add up, I guess you are saying. Just wonder what happens if you get fooled? In a falling stock, you need to think hold or nibble, IMHO. I'm a confirmed contrarian with a value orientation. This is a great one for a large move after tax-loss selling of Roctober-Rocknovember...IMHO.

Think I'll just nibble and be patient. Dunno how you bot at 2.19 unless you were lucky or fast...stock moved down there right before the close...confirms my belief that putting in orders at the bid is a good idea unless alot of folks are buying wildly.

Appreciate the info on trading though I doubt you will turn me into a 1/8 to 1/4 point trader! Also appreciate your candor...takes macho to talk about such small movements yielding profits. Just curious...why not trade a larger stock for several point moves?

Looking for good news on Triby soon.

Yes, good luck to us all,

Greg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext