Hey Tom,
Thought some of the posters would be interested in the following. I'm sure most of you know the Chief. If not, you might want to read a few of his posts. An excellent teacher!
To: the Chief (11897 )
From: chrisco Sunday, May 9 1999 2:58AM ET
Reply # of 11939
HEY "CHIEF", arent you the guy that told everyone to "hold" onto that dog pyng??? You were posting many times a day, kinda hyping it...you a broker or something? PYNG at $4?? its now at $1.50.
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To: chrisco (11923 )
From: the Chief Sunday, May 9 1999 9:13AM ET
Reply # of 11939
Hi chrisco. I never tell anyone to "hold" sell or buy anything. I tell people what I am doing! Unfortunately "yes", this is one of my "dogs". This was back in the days when I believed the "best is yet to come, bull"!! I knew little about Bio's and figured this one was a good one. In fact this is where I had the pleasure of meeting Ward Nicholson.....he gave me an opportunity to ride the "bull side " while he took the "bear side"!! I watched his predictions continually come true, and now count him among my friends here on SI. He is very good at what he does. He opened my eyes to the "don't fall in love with a stock" and as a result I became a better trader for it.
I think the "best is yet to come for PYT yet" Its just that Jacobs never put a timeline to it.....it still could be another year for this stock. I have averaged down as much as I can, and have a net-net of $1.92 after 7,000,000 trades<ggg>
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Kind Regards
AK |
