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 : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?

To: Kerry Sakolsky who wrote (15076)	9/22/2000 5:48:45 PM
From: cAPSLOCK	Read Replies (1) \| Respond to of 18366

Now that the stock did what you thought it would do...what's keeping you invested? In a word? Uncertainty. This is a simple part of my investment strategy. It has paid off frequently. And I also hold the remainder of 2 stocks in my main account that are worth less that they would take to sell. The 20% that I still hold continues to be an insurance policy against the possibility that the stock will go back up. In all likelyhood if it does, I will sell a portion of the remaining holdings that is a percentage based on my certainty at that time. In other words, all things the same, if EDIG pops back up to $15 I will sell another 80% of what I currently hold. I imagine everyone has a different set of trading strategies. This is one of my most basic. I have, on occasion, sold an entire position (of this type). Actually 80% certainty is my limit. If EDIG's 'cAPSLOCK rating' falls even one more percent I will sell what I currently hold entirely. I suppose if I were a portfolio manager, I would call EDIG a short term (weak)hold and a long term sell. I am not a daytrader, and I do own a few issues that I plan to pretty much not touch for most of my life, most notably index funds. But when I buy a stock that is speculative (and EDIG, having had a negative EPS for years is VERY speculative), I don't plan to hold it forever. When I bought it I planned to sell 'x amount' at 'x price'. I adjusted this equation as I felt was appropriate along the way and pulled the trigger when the time came. If I didn't adhere to this discipline I would not make money in the speculative market. Does that explain it? regards, cAPSLOCK