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Gold/Mining/Energy : Angoss Software Corp. V.ANC -- Ignore unavailable to you. Want to Upgrade?


To: Luc Beaugrand who wrote (698)10/13/1999 8:07:00 AM
From: Buckey  Respond to of 1006
 
What I am saying is that many people do not follow the market like we do - BY the minute etc and one can still trade shrewdly.

Example - Say a person has 50,000 of ANC at say 22 cents. Well they were likely none too happy when it dipped to .12 unless they stopped out at .17 and bought it back at .12. In theory that is how you should do it but in practice it rarely happens.

But say they had a 20k sell order in at the beginning of each month at .29 - I bet they could sell that stock a few times a year at .29 and buy it back at .20 or lower.