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Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY

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To: GalSal who wrote (1330)1/31/1999 9:38:00 PM
From: GalSal  Read Replies (1) of 2489
 
Yosemite Sam, thank you. I appreciate your message. Will do the profile thingy. Where I'm nervous about my PRFM investment is not because of the few bucks I'd win or lose (300 shares) but the fact that I don't know my way around--where to get info, how to interpret it, and am always reacting too late with too little (sign of lack of confidence) on such stocks as PFRM.

I use Datek and Schwab and have had lots of bad luck with both of them. In times of heaving trading, I frequently can't get a sell or buy order off. With Datek, after the hourglass being there forever it seems, it comes back and says order didn't go thru and to try again. Schwab is slow in heavy volume too. One day, two or so weeks ago, I couldn't get thru to Datek for 4 hours and Schwab for 2 1/2. Joe K. said Schwab was embarrassed because they were down for 15 minutes because of new equipment. However, a broker I talked to that day at Sch told me the volume had overloaded their system. You like Waterhouse? They have a ticker? I'll see if I can find the PRFM messages on YHOO site.

I've made some really bad errors. I had a lot of LCOS I'd bought at 52 and it just sat there so when it started to move one day I sold at 60 and it continued up and closed that day at 70 something. Next day went to 100 or so & day after 140. Felt really stupid. Did the same thing with ONSL. Sold at 65 and it went to 100. Also sold NSCP at 24 1/2 just before it ran up after it'd just sat there at 19--20 for a week or more. I take nickles and leave greenbacks on the table.

I'm trying to locate info sources which is why I still continue to place small bets. Need to understand the game better before I place bigger bets, and find a way to exit faster when I've made a bad play. 10,000 shares sounds like you have a handle on it or you'd not have placed such a big bet. Appreciate your time.
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