To: Bucky Katt who wrote (15698 ) 11/25/1999 10:16:00 AM From: Rande Is Read Replies (1) | Respond to of 57584
William, I can totally relate! I put 3 limit buys on ADSP around $7.50 - $8.00 and answered the phone. . .and the thing is at $17 bucks WITHOUT ME!! And get this. . .somehow, I managed to LOSE money on the thing! This is why I said we needed to stay home from work and trade vigorously. Friday morning for 3 1/2 hours will be like the Leonid Meteor Shower of 1833!! [measured up to 150k meteors per hour] skypub.com William, once again, your methods of buying, then lying in wait. . .are paying off big. . . I call these "timing" position plays, because we get in before they explode and set our limit sells to get us out at various levels of the spike. . . .you call them "Closet Picks" because after you buy them, you stick them in your closet and forget about them. Either way. . .we have once again entered a season where they are working with regularity. You might wish to take a minute sometime and outline for those that are fairly new. . precisely how and why these work the way they do. . . and perhaps update us on a current crop of issues. I can attest to the fact that Williams tiny low float stock picks have come in the money literally hundreds of times over the past year. . . often 2 or 3 in a single day during bull markets. There was nearly nothing going on between May and October. . .but now these stocks will one by one wake up to 50, 100, 200, 300 percent and more gains made in a single day. . . usually when you are not noticing. . . hence the reason for the limit sells, Good-'Til-Cancelled. So taking a chunk of change and placing it on some of Williams picks when they are at or near their lows. . . is akin to buying thousands of raffle tickets from a small town church group. . . . it is just a matter of time before they start calling out your name. Thank you for sharing your time and experience with us all, William. And Happy Thanksgiving!! Rande Is