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Non-Tech : InvestRight Club Challenge

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To: Jeffrey L. Henken who wrote (388)2/27/1999 11:08:00 AM
From: Francois Goelo  Read Replies (1) of 2662
 
Jeffrey, Ref: ROMT, my experience with the stock...

Bought 7000 shares beginning February at 2 5/8. Sold 4000 shares at 5 3/8 on Thursday for better than 100% profit. Will keep balance of position for the medium term, as I see good appreciation potential. I agree that it is difficult to know when to sell and I have missed on a lot of potential profits by waiting too long. Now, I will try to stick to a somewhat more disciplined approach and refrain from falling in love with the stock or its underlying business. Besides, there seem to be new great buying opportunities nearly everyday, which helps portfolio diversification.
For what it's worth. Regards, F. Goelo + + +
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