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Strategies & Market Trends : Wire to Wire Daily Stock Picking -- Ignore unavailable to you. Want to Upgrade?


To: david simns who wrote (1512)7/14/1999 12:16:00 AM
From: Coral4pH_dot_com  Read Replies (1) | Respond to of 3514
 
I must say Mr. Dave Simns, you are one of my new heros as you are totally honest and must realize that all "good" things come with criticism from others. One way you can tell the basic nature of a person or group is if they continue trying to tear down and criticize the success of others. Personally, I congratulate you!!! To be 100% honest, most of the time I find these incredible little ticker symbols at night and buy with market orders at the opening bell to help support the stock. Many times I get burned with these orders as the stock quickly pulls back, but I personally just find it much more ethical and like the feeling of a "team effort". Oh, and you are exactly right about these being very short term holds. I call ALL "momentum" picks "momentum" picks!!! I call them EXACTLY like they are. The problem I have is that I hold these stocks MUCH longer than most of the holders. As a matter of fact, I probably put way too much confidence in their potential as e.g. I bought a TON of HDST today at .024 (apparently I bought these shares from you ... ha ha), and then I sold most of these at .015 at the close and took a loss on a lot of shares. Once I see the support majorly dissappearing, I usually stay in way too long, but we're all learning and need to do what feels right. I actually bought way too many shares of JJAX at .06 during the run and sold alot of shares near 2 cents. Again, as I run a large software development and test organization, I do not even have time during the day to do this so called "front loading", however, I hope I can get to the point where this can change and I can focus on accumulating before the big runs. That is a "no-brainer" and doesn't take a rocket scientist to figure out. I wonder if Mr. Richard Lionhearted could find ONE "Wire to Wire" entrant that doesn't own the stock he/she is picking. I am probably one of the only people that buy in the morning with the rest of the supporters.

Like I said, good things always get negative attention. I'd give you the best example that comes to mind, but we don't need to bring religion into this.

Anyway, GREAT JOB on your GREAT picks Dave!!! I will do my best to continue finding the most "undervalued" stocks that have the greatest "momentum gain" potential possible.

I hope there are many others like you that stand up for what is right and are not influenced by the critics of good.

Dean