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Strategies & Market Trends : WR's Momentum Trades
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To: Intrepid1 who wrote (3172)1/25/1999 9:06:00 PM
From: Wayne Rumball  Read Replies (2) of 11130
 
Well so far I have seen no reason to sell.

I did sell 50% today just so that I don't look back and say "doh! I coulda had 150% profit and missed it"

Now at least even if it heads to 0 I still have profit.

Actually, have to thank lance once again, he mentioned it to me way back in December or end Nov, that's when I got in. Not sure if he ever even bought it.

EDIT; was thinking about that last statement. Lance and I often discuss stocks in PM. Does finding a stock make you a bigger winner? No. Lance found MLRE I went in big, he went in small. I found WSPN, lance was in before me and I was in at a much higher price (had to liquidate first) and smaller position, Aaron meanwhile dumps his whole life's savings into it.

Odd how events unfold.
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