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Technology Stocks : PALM - The rebirth of Palm Inc. -- Ignore unavailable to you. Want to Upgrade?


To: David E. Taylor who wrote (4509)3/28/2001 7:43:23 PM
From: Mang Cheng  Read Replies (4) | Respond to of 6784
 
David and friends, the last two days had been really shocking and most depressing. My whole portfolio had just been chopped to almost nothing and I had sold quite a bit of my Palm holding. But I must need a strategy for myself to come back. If I stop investing, I'll never come back. So after two days of thinking, this is what I'm going to do: I'll amass, sell other shares etc and re-accumulate Palm at lower price than $8 until I'm back to my glory day's holding of the number of shares on no margin. Then will short-term and long-term trade this stock on its way up. The only reason this strategy will have a chance to work is that this stock is quite cheap at this price (and will go lower) so that we have a chance to accumulate a hugh number of shares.

Be positive, hold on to whatever got left, and strike from there. I have to totally get out of margin at this time.

Mang