Wayne Rumball's tax write offs Message Board

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Strategies & Market Trends : Wayne Rumball's tax write offs

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To: Wayne Rumball who wrote (183)	7/21/1998 6:43:00 AM
From: Tom Allinder	of 205

Wayne, I have had a semi-tough time lately with the sub-dime stocks. So here is what happens: I buy a sub-dime and it moves a penny or so. I'm in a good profit, so I hold for more. The stock then returns to (or below) the previous level. Anyway this happens 8 or 10 times in the last few weeks. I get one a couple of weeks ago at .025 or so. It finally starts to move 2 days ago. It gets to .045 and I sell. Not gonna let a profit get away again. It hit a dime yesterday. Tom

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