WCTI (Wordcruncher Internet) Search Engine of the future. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : WCTI (Wordcruncher Internet) Search Engine of the future.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Craig A who wrote (3488)	2/19/1999 1:04:00 PM
From: John Bissell	Read Replies (3) of 5300

We all know it's a mistake to be influenced by people's postings here, but it is hard to resist. Take Ed Silverstein for example. Great guy. Good posts. Said the stock was going to $100. He bailed at $24 and crowed that he made a quarter of a million! Do I blame him? Absolutely not! In the same position, I would have done the same. (I wouldn't have rubbed it in on how much I made though--really tacky Ed. I am surprised at you...) Anyway, the key learning here is that you need to have a well thought out strategy on why you invest in a stock and then stick with it unless something changes. My DD indicated that this seemed to be a solid company with technology and good management. So over the course of a few months, if my research is correct, it should reflect that value. So my strategy is to hang tight. If it turns out that my assessment was wrong and that this is really a flaky company, then I will sell (at a huge loss mind you) sadder but wiser. But I have no indications yet that is the case. So if you are a day trader like Ed, go for it dudes. Just don't let yourself be convinced by anyone but your own research. IMO

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next