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Strategies & Market Trends : India Coffee House

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To: Shivram Hala who wrote (3334)	12/2/1998 7:50:00 PM
From: Mohan Marette	Read Replies (1) of 12475

Shivram: The thing with these i-Nuts or any trading position is that one should never stray from the trading screen and pull the trigger when the stocks start making money,otherwise if one waits around to catch the top it is bloody murder,I should know I have done it many times myself quite unprofitably.At least one should sell enough to cover the cost as soon as the stock starts climbing. NAVR did say an IPO is in the works but nothing has been filed with the SEC yet,that is what needs to take place to move the stock most likely.If it goes to zero I would lose 16K,oh well that is what happens if one gets too greedy and hold out for more.<vbg> The others I did quite well but scared the S$#T out of me nonetheless but if I waited another few minutes that would have been bloody hell.Still I left a few shares to test the waters but if they go to zero it wouldn't do any damage...Grrrrrrrr.

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