To: dkgross who wrote (311 ) 3/2/2000 7:19:00 PM From: Ronald P. Margraf Sr. Read Replies (1) | Respond to of 1878
Hi Dave, Now what gave you that Idea? Don't believe in it. Don't do it. Now that is what you call risk.;-)))) Don't need that kind of risk. I risk enough when I buy these companies on a hope and a dream.;-)))) Of course a little DD helps and a lot of faith.;-)))) The program helps me to determine my entry points and if it is one that I am trading, my exit points. Some of these high flyers are for a 5-7 day trip. Sort of like a vacation. A way of generating revenues to put back into the ones that I think are really going somewhere over time. How do you think I paid for TXMC? Sometimes I might talk too much, but I listen even more.;-)))) Like I said in the past, Speculator first, (which we all are), Trader second, Investor third. I've invested in ECNC, TXMC and partly invested in APPI. I have 2 positions in almost every stock that I am in except high flyers. There, there is only one. The trading position. Now on the investment positions, the trading position should cover all the stock that I own when I sell that position, therefore sitting on all invested stock for free. In the case of ECNC, the small portion of my position that I sold paid for 75% of the balance that I am holding and it is substantial. With TXMC, if I sell 25% of my position, the other 75% will be free stock. If I wait until TXMC hits 2, I will only have to sell 12 1/2% of my position and the rest are free.;-)))))) So now you can figure out where the program comes in. It helps me to determine when an where to make this all happen.;-)))) So I hope this has helped to remove the idea that I am a day trader. I have a job like everyone else here. Mon.-Sat., 6 days a week, sometimes 7.;-(((( Just another schmuck trying to make a buck.;-)))) Catcha on the upside, Ron