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Microcap & Penny Stocks : ROLLING STOCKS

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To: David Muse who wrote (146)12/15/1996 3:12:00 PM
From: Walter N. Schreiner   of 233
 
Dave, I've listened to many-a Cook audio tape where he talks about buying options. One thing that I don't understand is how to chose WHEN to buy and sell. Cook says "Buy low, sell high" - the perennial pearl of wisdom. But I never seem able to do that (at least with any sort of regularity). In your INTC experience, what made you buy the 135's at 4. And what made you sell them at 11 1/4. Was it luck or do you have some other insight you could share ?

Walter
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