SI
SI
discoversearch

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 : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Luis who wrote (1792)3/22/1999 6:39:00 PM
From: Bill Fortune III  Read Replies (2) of 2994
 
Hi Luis. Like V$gas said, ?????. I really do not find it a problem, rather just part of the waiting game we
all play when we hold a stock that we believe will go up.

Just to give you an example, I currently own a stock that I first bought at $1.88 a share. It started to drop
and continued, but I believed in what that stock had to offer. So as it dropped I started doing some
averaging down so my cost is now $0.88 on all shares then I just sat back and held. I seldom check on the
price of the stock. I remember checking on it in mid February and it was still around 0.16, and I could have
sold and taken a big loss. But Today it hit a high of 0.90 and closed at 0.79 up 0.23 on the day with volume
8 ½ times normal. I along with the other investors I have been in contact with do not know the why's just
that it is happening. The table below shows what I am talking about.

Date Close High Low

3/22/99 0.790 0.920 0.590
3/19/99 0.562 0.680 0.437
3/18/99 0.437 0.510 0.400
3/17/99 0.510 0.562 0.250
3/16/99 0.270 0.290 0.240
3/15/99 0.230 0.250 0.200
3/12/99 0.250 0.250 0.250
3/11/99 0.250 0.250 0.250
3/10/99 0.250 0.250 0.250
3/9/99 0.200 0.220 0.190
3/8/99 0.200 0.220 0.200
3/5/99 0.220 0.220 0.220
3/4/99 0.220 0.220 0.220
3/3/99 0.220 0.230 0.200
3/2/99 0.230 0.230 0.230
3/1/99 0.200 0.200 0.200
2/26/99 0.230 0.230 0.200
2/25/99 0.210 0.220 0.200
2/24/99 0.200 0.210 0.200
2/23/99 0.210 0.210 0.200
2/22/99 0.220 0.250 0.200
2/19/99 0.220 0.220 0.220
2/18/99 0.220 0.250 0.200
2/17/99 0.180 0.200 0.180
2/16/99 0.200 0.200 0.180
2/12/99 0.160 0.160 0.160

And guess what all of this is happening on NO news. Sometimes it takes a lot of being in suspense and just
plain waiting if one believes in the stock. I for one believe in what RDIM is doing and where it is going.
So I will just sit back and give it the space and time it needs to accomplish it's business plan. For now like
I did with that other stock will just not worry about it on a day to day basis.

Good investing to all and best regards,

Bill Fortune III
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext