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.
Technology Stocks : Internet Analysis - Discussion

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jbe who wrote (337)4/21/1999 4:01:00 PM
From: Chuzzlewit  Read Replies (2) of 419
 
Sorry that I misunderstood the thrust of your question. Now I understand that ... it BOTHERS [you] when a stock that I have purchased because it meets certain criteria is "taken over" by momentum players who don't give a damn about those criteria; in other words, when the stock becomes a "captive of the craze".

There are worse things <g>. You could adapt a value investor stance and simply sell when your price points are met, or you can do what I do. When the price gets a little crazy you could buy a protective put (which will appreciate if the price of the stock drops) or you could sell an in the money call. The worst that happens in any of these situations is you realize your profits sooner rather than later. I am a long-term holder of BKS, and I see the craziness starting.

I hope (and pray) that this answers your point, lest I be accused of being an eel again <G>.

CTC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext