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To: im a survivor who wrote (17037)4/30/2000 9:13:00 AM
From: unclewest  Read Replies (1) | Respond to of 35685
 
kg4,
sorry about your misfortune with elon...i got in initially at 8, 12 and 18...then bot some higher. i still think elon is a good long term bet...but not the kind to manipulate or trade short term at least not right now...elon reacts explosively to good news...that tells me a lot of folks are watching this one everyday.

since i mentioned gstrf, let me explain the precise details of my strategy for this one.

i bought last week at 9 3/16, 10 1/2 and 10 3/4.....i visualise the downside as 7....that is my bailout point. in case im wrong about this company.

i plan (hope) to sell enough gstrf at 14-15 to get my cost basis to 7 or a bit less. then let the rest run.

capital preservation is everything, more important than profits imo.

if gilder is right about gstrf, it will be a goody. if he is wrong, i do not want to lose precious resources. there will be lots of time to add later as the story unfolds and i see gstrf able to execute their business plan.
uw