SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Commerce One Inc - (CMRC) -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (269)12/24/1999 8:40:00 AM
From: Ted Downs  Read Replies (1) | Respond to of 1938
 
Chinmoy,

Well regarding selling to lock in profits. I have sold some winners and regretted it later but then I've sold some and later seen the share price plummet. I'm not anxious to sell cmrc if that's what you think. I have enough taxes to pay next year plus I think being in on the ground floor on this one is super.
There is a "rule" that you never go wrong taking a profit or taking some money off the table.
What I did talk about was if I had not locked in some huge gains earlier in the year, which are going to help the tax man then I would have considered selling cmrc. Now saying that I also wouldn't be sitting pretty because this thing has run more than anyone could dream.

Now the fact of life is cmrc chatboards will be active with the shortselling talkers. Many of these guys are all talk. They deem themselves experts in the stockmarket. They have huge egos and love to get on boards like this and scare the h*ll out of long term investors. Many of them enjoy the verbal conflict. That's not to say that some of them don't make money at short selling. I'm not saying short selling is bad but what I'm referring to is the way many of them use chatboards to talk their talk. Hopefully as these guys arrive you and other long term investors will understand why they are posting these type of messages .

Happy Holidays to All!!!

Ted