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Technology Stocks : Buying IPOs on the open market -- Ignore unavailable to you. Want to Upgrade?


To: Marshall001 who wrote (3800)10/22/1999 4:19:00 PM
From: Canuck Dave  Respond to of 5529
 
Got to approach it in an unemotional way recognizing the odds are rarely in your favor with IPO's.

I figure I take 3 losses for every gain, but once in a while I hit the jackpot that puts me in the big black. Cut the losers short, let the winners run, don't hold while it drifts. Works for me.

There are those on the thread who are more adept at achieving consistent gains, but they are more experienced and/or more savvy.

Eventually, you'll hit a hot streak and that will be that.

CD