Hi BBFM, AIM and I have been partners since January of 1988. That's no small coinsidence. I've used it successfully with lots of tech stocks. Currently I'm managing my holdings in IDTI, ADCT, APCC, ASND, BMY, BSX, CGEN, CGNX, CHIR, GENE, HQL, JBL, NERX, OMQP, SEE, SDS, VLSI, VTSS in the general technology sector and many more in other areas.
It's been nearly two years that I've owned IDTI in varying amounts. I've been profitable up until the drop below about $7.50. At this price I'm showing a -24% loss. If there ever is another "upside" for IDTI, the fact that I'm now holding about three times as many shares as when I started in '96 should help me realize profits quickly.
My current recommendations according to AIM are to buy 10% more shares at this price and to sell off 7% of my position when the price hits about $8-5/8. I'd welcome a chance to rebuild my cash reserves for this stock!
AIM had me selling 10% of my position (at that time) at $15-3/4 back in mid-February. So, it would seem that AIM and IDTI are custom made for each other.
At the AIM users web site, there's an example showing Computer Associates (CA) for the last three years. The recent drop made for a big AIM triggered buy. The graphs make understanding AIM easier than Mr. Lichello's tables, in my opinion:
execpc.com
I AIM to make a profit with IDTI, but don't know when it will occur. That huge volume spike and price drop seems to be drying up a bit this week. Maybe it's a sign of a final bottom. (he said with a prayer!!!)
techstocks.com
Best regards, Tom |
