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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (15385)1/20/2000 10:26:00 AM
From: The Phoenix  Respond to of 63513
 
MMCN...yes, I noticed..... tough call. Like I said I let go of what amounts to 80% of my position at 39..... I'm going to hang on to the rest for now... they're freebies.

Did ya see.... ANCR is GREEN! I can't believe it!!! I let go of more of that today. I have to extricate myself from 5 more calls and I'll be done.... I'm holding the shares though... they can sit...they'll be back...yeah, dead money maybe but I pretty confident that ANCR will be back soon. I remember when I bought MRVC at 19 and the piffers told me I was insane and well they were right - kindof - the stock sunk to like 8 bucks... or something. BUT... today MRVC is a $62 stock so I would have taken some pain but in the long run I had a triple in it - all in the matter of 18 months. I think ANCR will be a repeat and given that I've already rode the damn thing down I figure I might as well hold the shares... the only thing that's had me nervous is the friggin calls.... And well... 5 more and I'm done with it.

OG