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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Percival 917 who wrote (11757)	11/5/2000 10:46:59 AM
From: im a survivor	Read Replies (1) \| Respond to of 65232

<<To use your example of a dollar stock jumping to 10. But if that same stock in a relatively short time jumps to 18, 25, 40, 60, 90.... at what point does one say, let's don't be greedy and take this profit, or at least some of it. >> I hear that....I loaded the boat with a $2 stock that had great potential. Kept buying all the way down to .75cents. Had a TRUCKLOAD. From Nov to dec 31, she rose to $10.00. In the month of january she hit $28. At the same time, I held qcom, aol, cmgi and etc....all huge gainers...but this little nothing stock had given me my biggest % and monetary gain of the year ( all in less then 3 months - .75 to $28.50).....Well, the talk then was basing down a bit and then a new run with price targets as high as $80.00. She did go down, and looked to find support at $20. This was right about the time the Naz was at it's peak. I bought more at $20...then bought more at $14...and more at $7....All this same time, I was buying more cmgi, qcom and etc, on the way down also...unfortunatley, all these had far, far further downward to go....and that is the story of my 2000 down fall. That $2 stock I was talking about, was at $1.50 about two weeks ago. I told myself I would buy more when it drops under $1. It came close, and is now back to the $4 - $5 range. What does it do from here? Hopefully a repeat of last year, but this time, I will sell some on the way up and not look back.....take those damned profits and run.....anyway, I was just reading the posts of the % gainers and thought about my little ole IARC that went from .75cents to $28 in less then 3 months, or 60 trading days...now thats a nice % gainer!! keith

To: Percival 917 who wrote (11757)	11/5/2000 3:04:39 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

DocStilt, gonna have to bitchslap you anyway seriously, you make perfect sense QCOM had been 160-190 in Sept it had been 300-400 in Nov we must recognize the next such 165 pt day as a "blowoff top" RMBS will have a much much more rocky path to the Heights just look at its chart if you bought at 100 in June, what will you do if offered a breakeven? (those guys were 60% down last week) if you bought at 80 in Sept, what will you do? (those guys were 50% down last week) many wont give a tall steamy crapp about the story or the recos they will sell happy to get their money back esp since it is so unstable I suspect many of the HouseWhores who recommended will be selling into the next rallies why? because they are whores because they can buy it back cheaper afterwards because more retread stories will air on Bullshit.com investor websites because the chart is much sicker than the fundamental story the chart resembles that of an Internet Jagg.com ethereal stock counter-trend rallies are NOT stable dont get me wrong, I think the royalty stream will be staggering I think the stock price inh 3 years will pop your eyes it is the path to the Heights that will be weird & unstable sunny in the 80's in Clearwater just did 15 miles semi-animal on the bigass bike / jim