To: edamo who wrote (29992 ) 1/26/2001 1:30:24 PM From: im a survivor Read Replies (3) | Respond to Anybody...dealie...jill....you listening??......have a long term opinion on Commerce One. I still have a few shares. I did take half off the table yesterday as I wanted to ensure a profit on at least some of what I bought the other day. Most ANALysts seem to have a good long term outlook on this stock......although the economy is what it is right now, B@B is not going anywhere and should only grow. i was happy they beat estimates and happy for an upbeat CC and forward guidance and happy a bunch of ANALysts came out and said now is a good time to get in the stock while it's cheap....what concerns me is they still are not profitable, although they expect to be ( arent we supposed to look forward in our investement decisions??) and have a nice gap to fill on the downside since it's recent run up......I got onboard I think around $25...sold some at $31.50 or $32.50 yesterday and was planning on holding my remaining shares. My reason for doing this is simply they were very rosy about their future outlook and B2B is going to grow largely over the next few years. I thought of putting a stop in at $30, but sheez, I don't think I have ever put in a stop that didnt get taken out. In every instance i would have been better to just sell for a few bucks more rather then set the stop and have the mm's come down and take my stock, only to bring the price right back up. Additionally, as we have seen....I could put a $30 stop in.....some other company in same sector comes out and warns, and cmrc could open at $18 the next morning, my shares are sold at that price and then by noon she is back up to high $20's.......i guess my point is...in this market, stops have proven to be scary if left overnight and into market open and stops during the day are just an invitation to lose your shares on any dip, and lets face it folks, this market is nothing but a giant rollercoaster...big dips and rally's daily....most tight stops will be taken out....In fact, some of the small gains you heard me mention I took yesterday, were due to stops I had placed. I would have done far better using mental stops. Everything sold, is now higher...but again, I know that doesnt mean much cause tomorrow, they could all be alot lower and I will be glad i sold. So I am not to sure about using a stop for $30....My guess is it will be sold at $30...I should just sell now for a couple bucks more, or plan on holding for the long haul....double up if we drop below $20 on a summer sell off or naz sell off or whatever.
