Multi-Day Momos 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.

Strategies & Market Trends : Multi-Day Momos

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lawrence Burg who wrote ()	3/16/1999 3:30:00 AM
From: Lawrence Burg	of 397

A rule...which usually melts away quickly as one steps out of the micro-cap arena is never adopt a position beyond a certain % of the Average Volume (AV)<I/>. Right now my limit is about 5%. Ex: I added 15K CAVR (btw 1/4-5/16) 3 weeks ago as it began a run. As the volume bubble collapsed, it was impossible to sell the shares w/o dropping the spread and ruining it's valuation and profits. Aside from being greedy, it was out of balance with the stock's capability. I'm holding at a profit waiting for the TA to catch up, but this lesson was drilled home once again...:o)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next