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.
Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mighty Mizzou who wrote (56333)10/21/1998 6:03:00 PM
From: James A. Venooker  Read Replies (1) of 61433
 
Dear Benedict,

Your investing strategy could be very intelligent (i.e. "playing both sides of the coin"), however, don't you now assume risk on both ends of the stock. Essentially it would seem as if you bet on both teams to win a game, so regardless of who wins, you are covered? If I am wrong please clarify? The only one who wins in this type of strategy is your broker, or whoever collects a fee on your trades. Isn't this investing philosophy the premise behind Nuclear Holocaust?

I don't mean to sound rude, just I believed you were in the stock for the long term and to the upside. This is what all of your posts seem to reflect. It is difficult for me to understand why anyone who is bullish on a stock play to play it to go both up & down.

Please accept my apologies for my unkind words today, ultimately, I think when you are in something as a team (kind of like our thread) then you stick it out through thick and thin. I realize this is the business world and we are not "technically or financially" on the same team, just in spirit I guess.

Good Luck on your play...Hey if we all dove in on Tim's XYLN then we would be up big, but who has enough money to cover all bets?

Congrat's Tim.

Peace,

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News