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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: RobbRacer who wrote (36769)5/20/1999 11:50:00 PM
From: Nazbuster  Read Replies (1) of 122087
 
Dreyfus used to accept stops on Nasdaq. I guess too many people didn't understand how a stop on AMZN might execute 9 points later!

Anyway, if I were to use a stop, it would be a stop loss to be sure of execution, and that is a market order. I've been hosed too many times on market orders... Sure wish I could double my equity so I'd have enough to do this full time. I'm getting there, but it's two steps forward, one back.

I was long PVN and PAIR when Anthony called shorts on both! I sold the PVN long and went short, but closed it too early, as usual. Decided to sit it out since I am fundamentally long on PVN.

I believe the negative stuff will blow over. The company is massively profitable. I went long again today with a limit order at 101 1/2! I'll buy more every 5 or 10 points down. Don't get me wrong: I understand Anthony's point about the big money not wanting to be associated with any potential criminal activity, but the complaints I can find (not many -- poor news sources) all relate to consumer complaint issues about how accounts were handled and how the SF DA will look into it. If that's all it is, PVN will make nice, put new safeguards in place, pay off the lawyers, and get back to business.

I believe someone on the A&P site mentioned other issues such as a small nbr of insider shares sold without disclosure, but I cannot locate any such claim on the news sources. I asked Anthony if he could find it on Bloomberg, but he hasn't responded. Are you aware of any other negative PVN issues?
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