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Strategies & Market Trends : The picks

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To: p. webster who wrote (2923)1/24/1997 1:56:00 PM
From: Andrew Vance   of 6124
 
*AV* --CSGI

Brain is not in gear. This is what I meant. The 3 prices are my bid to purchase shares such that I can average down my price to a level that allows me to exit at a much lower price and sill be profitable. This lower price will allow me to exit in the 11-13 range (closer to 11 now) and not cause too much disruption in price as I exit slowly. I do not want to jeopardize those that need to exit at a higher price like 13-15. This stock is too thinly traded and I did not want to cause a panic should the price temporarily drop. Again, it is only me and not a run on the stock. I want everyone to know what I am doing before I do it here so there are no surprises.

If I truly beleived that this thread could not influence the price of a thinly traded stock, I would not have posted this. I still beleive that it can. Therefore, my actions may indeed influence the price of this stock over the next day or two. If price does fluctuate, people need to look at the volume and correlate it to the prices I am seeking. It may indeed be me.

It will be an interesting experiment. If I get the stock at these prices and the trading is thin, the stock was influenced on a small transaction that I am orchestrating. If not, Oh, Well!!!!
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