Posting for manipulation: this is a close relative of "pump and dump" and is at least highly immoral if not downright illegal.
Imo, the purpose of posting buys/sells (at least by me and most everyone else I see on this thread) is to provide public information that can be used by everyone to assess trading systems, money management techniques, and risk/reward strategies. Reasonable bouts of whining and chest-thumping (by everyone, including me) is to be expected and adds to the spice of life. We are HUMAN, after all.
That said, I have good reason to thump my chest today and very little to whine about:
AKAM...posted buy at 68 5/8
JNIC...up 7 to 60 (50% gain from just a week or two ago)
SVNX...posted buy today at 32
CS...long since 8/4 at 27
GNSL...posted buy today at 13 5/8
FNSR...took healthy profits at 33 and 32 (from 24)
WFII...posted buy at 46 7/8
NXTL...posted buy at 52 3/4
ADPT...posted buy at 22
UIS...took partial profits at 11 3/8 from posted buys at 10
Some of the others I'm holding: A, ADIC, ADAP, ANAD, AOL, ATML, CICI, CLRN, CNQR, CNXT, DITC, EMLX, ENGA, EXDS, GLW, HEAR, HLTH, IBM, IFMX, ISLD, LEXG, LRCX, LPTH, LU, METHA, MSFT, NTRO, NVLS, SCMR, WRLS, TFSM, THTH, IPIX (new buy today at 8)
Losers? Yes, but not too many and not too bad: AETH was the biggest recently...bought the other day at 145, sold at 140 on a chart reversal...still waiting to re-enter. I also had 1 and 2 pt losers recently on ELON, NBCI and ADAP, as well as ever-changing fortunes with "FiberSam" and OMKT.
Many more are in my "Bonehead" post # 31945 from 8/14/00. All information was/is from public sources, SI (Rande's thread, primarily), and various free charting and news sites.
FWIW, I currently own or trade about 60-80 issues at any one time. Some positions are very small (I do not own 100k shares of GLW, for example, though I certainly wish I did!). But, as Rande has pointed out repeatedly, small positions can make money AND help reduce risk through diversification.
The Rande Is...Home Thread, imo, is a wonderful library filled and continuously refilled with valuable knowledge and experience benefiting all who take the time to read, study and think (entertaining, too!). Besides that, I can't think of a single good thing to say!
All the above is my opinion only. Regards to All...another beautiful day--Mark-- |
