Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : WR and Friends Investment Strategies -- Ignore unavailable to you. Want to Upgrade?

To: JamesB who wrote (50)	9/18/1999 9:37:00 PM
From: interesting man	Read Replies (1) \| Respond to of 77

James BB Thats funny, Your story is mine to the T. I cant believe your story and mine have so much in common. The stock that started it all off for me was GGNC. Bought at .14 and sold around $3.50

To: JamesB who wrote (50)	9/19/1999 2:20:00 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 77

Sounds like you showed up just about the time that lance and I started to click and make some real money. Ok, newbie stuff. First read this from start to finish all you would be millionaires; Subject 26211 Next, make sure the money you are ready to play can turn to 0 and you won't care Then when you see a stock you like set a price you are willing to pay AND NEVER PAY 0.0000000000000001 MORE THAN THAT. Make sure you have realtime quotes. They are all over the place, and MAKE SURE YOU HAVE A BACKUP REALTIME SERVICE freerealtime.com goes down or spews garbage all the time, and usually does it at the worst possible time. If you cannot follow the market at least periodically throughout the day THEN BUY MUTUAL FUNDS Don't blindly follow anyone into a stock at least do 5 minutes of DD, try and verify what they say, or at least FIND OUT THE NAME OF THE COMPANY. If it looks like a stock is running to the moon after your favorite "guru" posted it and you feel like running after it DO NOT. Go down to the local donut shop, have a coffe and donut, go back to your computer 20 mins later and, "oh, what's this? mm's walked it down 10% lower than when I left....." And when you have made oodles and oodles of $, make sure you take a huge cut off the table and pay off your house, or your car or take a vacation, or do whatever. 6 months ago I took 60K off the table and used the money to pay off a portion of my mortgage. A few people thought I was nuts, they said I could earn 100 or 200 or 1000% on that money while my mortgage is a lousy 6.5%/year. Well, things can turn to shit pretty fast...... ga bard story link goes here but I can't find it. And NEVER EVER put ALL of your money into 1 stock