Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Research Frontiers (REFR) -- Ignore unavailable to you. Want to Upgrade?

To: David H. Zimmer who wrote (1426)	1/30/2000 12:40:00 PM
From: BinkY2K	Read Replies (1) \| Respond to of 50536

David, your strategy is controversial :-) Your strategy depends on timing and you executed it beautifully. Of course, you were waiting until it went lower so you bought after I intervened at 22 to 23 to stop this stupid decline. Unlike you, I am not interested in letting the stock fall to ridiculous lows since I did not sell most of my holdings! I want to maintain the value of the rest or I might need to sell some INTF since it is not marginable. As it turns out, I sold 700 shares of INTF (partial order, rest not filled) and bought back 1000 shares about $2 lower. So, I played your game on your favorite stock and ended up with a few more shares! :-) Different strategies. The REFR community is quite close knit and they have expressed their preference for buy and hold strategies. That is mostly, my perspective. Your perspective is more risky, and often more profitable if the timing is adequate. You have acknowledged that you took a risk on not getting back in before major news. Since, to you, this is one of many investments that could pop at any time, you have a different perspective than those that are 90% invested for the long term in one stock. I am eclectic and learn from everyone. So, I have admitted to trading small amounts while holding long. And, as I trade, I also increase my position. But, I have gotten the hint that this community discourages talking about it. So, if I do decide to make minor adjustments, I may choose to be quiet, both when buying and selling. I prefer to be open and honest, but why buck the trend. The way I see it, what you did was to ride the volatility. I suspected if I stopped the downtrend, you would be jumping in to provide support. And, if I had not, you might have started buying around 19 or 20. Bink