Northern Abitibi Mining (NAI-ASE) Message Board

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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE)

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To: Valiant who wrote (649)	10/31/1998 10:09:00 PM
From: Buckey	Read Replies (1) of 773

V - but I just missed my ticket to the Bahamas! I sold at .12 on Thursday. I bought it back at .24 - why pay double the next day - "it doesnt matter where it has been it only matters where it is going" My startegy on many stocks is that I do not buy at their lows - I wait on buy on the uptick and on volume. I often see ones on my ticker moving but I then hone in on them and watch the depth - If I see a point I like I will say to myself - example - A stock is barely trading between 10 and 15 cents for a few months. Then I see it bust thru 15 and tick up a few - I may notice sday 50k on the offer at .20 and weak after that - I will watch and if it bites into the 20's I may grab 10 or 20k. I would rather give away the first 20% and know it is going than try and pick the bottom only to sit on it foreever

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