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.
Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: lostmymoney who wrote (16601)9/15/1999 12:44:00 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Mike:

"got it from you and Sergio's picks"

You need to get in earlier then if you are losing money on mine and Sergio's picks. Sergio, as you know is a longer term investor than I am. My picks generally only last 3 or 4 days at the most while Sergio's may go as long as 3 weeks to a month. If you go with one of Sergio's then do not sell at a loss if it goes down a little. My picks, if they do not work out must bail at any loss of 10%.

Also Mike you should (just suggesting now) learn to short a stock too. There is money to be made on the down side as well as the up. A friend of mine is great at picking stock that are going down. He was buying long all of the time and taking huge losses. Now he picks a stock that he is interested in and shorts instead....he is now making about 700 per week shorting. LOL

Ken



To: lostmymoney who wrote (16601)9/15/1999 1:16:00 AM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Mike:

Okay, here is a gimmie, maybe....just do this on paper so that you can get a feel for the play...Sell short AMRI at 21 if it goes there. If not short as close to 20 as you can get the shares. The volume and sell off today spoke volumes about something that is about to happen to the stock that will take it down a considerable distance. This is no different than going long, just the opposite of what you do when you look for a stock to go up. It may help to stand on your head when looking at the charts, that way it will look like a stock that you want to buy long.

Ken



To: lostmymoney who wrote (16601)9/15/1999 5:49:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Mike, I'm still in BEAM and probably will hold for a few months. I'm still in RSC posted here months ago as well as CMDL posted here last week...not to mention ANTX that I've been holding for years.

Like Ken said, I'm not in for quick pops. I like to find good values and wait till everyone else finds the same thing. GTNR, IVX and RSC are good recent examples.

I've got high expectations for IFLO right now. The stock is trading in a very narrow range. There's no rush. IFLO is probably not going to blast off tomorrow or maybe even next week, but it's going to at least double within a few months. Check out the IFLO thread and do your own dd.

Sergio