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Technology Stocks : BLUE WAVE SYSTEMS-BWSI A comer in telecom -- Ignore unavailable to you. Want to Upgrade?


To: Liatris Spicata who wrote (50)12/12/1999 6:07:00 PM
From: stock talk  Read Replies (1) | Respond to of 170
 
Larry nice to hear from you. <I'll never say another bad thing about momo investors > Was I just called momo guy?? I have been called a lot of things but never that.....or at least not to my face <gg>

<Say, listen. I could probably check this out by going through your old posts. But maybe you could spare me the effort if you would simply 'fess up to what your annual percentage returns have been this year on stocks in which you've invested and in which have participated in SI threads.>

Larry, this isn't my first paper route and I got here the hard way. I spent almost 20 years working as a professional in the brokerage & investment industry. After that I spent about the last 5 years trading stock only for myself. I try to only buy stocks in the $2-$12 range so that tends to distort what my ROI is. It not uncommon for me to make 20%-25% on a trade with 90% of the stocks I buy only having a holding period of 15 trading days or less. So I'm not looking to hold a stock for a run from $5 to 50. Every once in awhile I swing for the fences, meaning I load up on the number of shares. When I hit one of those it sends my annual percentage off the charts. I have one this year combined with money flow moving into the stocks in the price range I target, this year I would guess it somewhere in the 250% neighborhood(net after taking out losers and trading cost but before taxes). Where ever it is, its enabled me to do this instead of digging ditches <ggg>.



To: Liatris Spicata who wrote (50)12/15/1999 5:41:00 PM
From: FIFO_kid2  Read Replies (3) | Respond to of 170
 
Hi Larry - I finally had a tremendous year. I am still holding BWSI. I think sales are finally going to come through here but I am not thoroughly convinced that these sales will generate a huge explosion in profits because the company typically has some sort of problem in production. If they can work through that they should easily beat estimates.