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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Shoot1st who wrote (19767)	2/1/2000 3:25:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Thanks, Shootie. I figured as much. . .I am happy to sell right here at 35, if I could get my execution from about 18 or 20 or so. . .and move on to greener pastures. . .but I don't have instant execution, because I am not a daytrader. . . On position trade, which are 80% of what I do. . .I don't need instant execution. . .and will not even barter for an 1/8th of a point. . .but instant execution pays for itself for a years usage on just one trade like this. . . .I would have had ANDR around 13 and would have happily sold in the mid-30's. This is certainly not the sort of stock that you hold overnight. . . that is when Tony's group can do some serious damage to the price. . .but it is far tougher in this open market on a 600k float. . . especially when Joe Kernan brought it to this level. . .he has yet to gloat about it. . . he mentioned it when it was up 70% . . .it is now up 480%. One more thing. . . shorts use naked positions against stocks with 600k floats. . .however, there are many buy orders that could not find shares. . that are sitting open. . .like mine. . . so the bias is still upward at this point, IMO. . . Supply vs. demand . . . PLUG is similar on a daily, demand far outweighs the tiny float. We expected this from the day they announced they would hold an IPO. The technology is important. However, ANDR is merely a momo to me. . . I don't even know what they do, nor do I care. . . if you start caring about daytrades, you will lose every time. Thanks again, Rande Is