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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Teflon who wrote (7572)10/5/1999 1:02:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 54805
 
<<< I don't want to miss out on buying GMST at $68 when this stock is headed to $100 in the near term.>>>

if you're a gorilla gamer,,,why make trades based on such a short term outlook?

risk reward is not in your favor for the short term,,,and the window to buy in is when the dust settles and when there's demand for the stock,,,trying to catch a falling knife is never easy and rarely profitable.



To: Teflon who wrote (7572)10/5/1999 3:02:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 54805
 
Teflon, WELCOME BACK. We've all missed Sir Godzilla's contributions. With your return, your thread will have it's vigor restored in a matter of days <which is a great compliment on your importance to the group>.

I'm very much in agreement with your and Voltaire's comments on gmst. When I heard about the acquisition I had 3 courses of action:

1. Buy more. I couldn't because I'm 100% invested between G and Q.

2. Sell and wait to see the market's reaction. If I had done that, the stock would have risen for sure.

3. Do nothing. Usually my best course of action <g>. I believe in gmst's business model, and think it's even stronger with the pooling of monopoly interests.

This is very much like the Q dip on 9/1. Someone yelled "FIRE", and people are scrambling for the exits. Imo, the only winners will be those who coldly analyze the fundamentals and keep their seats.

I'm very glad to hear that Lady Teflon is improved.

jmho,
uf