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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: SAM who wrote (17699)1/4/2002 12:59:55 AM
From: Jack Jagernauth  Read Replies (1) | Respond to of 18932
 
Hi SAM,

I noticed that ATYT gained a lot on Thursday, probably on account of a takeover rumor.

I am no longer AIMing it; I sold it.

While the getting is good, it's probably best to make the sale as per AIM's recommendation. If you have excess cash, you could always take some cash out of the account for use in another AIM account where the stock is not quite as overvalued as this one seems right now.

FWIW, their CEO sold a lot of shares a while back.

Regards,
Jack



To: SAM who wrote (17699)1/4/2002 3:32:54 PM
From: OldAIMGuy  Respond to of 18932
 
Hi SAM, You can always split the decision! Sell what is needed to bring the Cash Reserve up to the IW's recommendation and then pull a "vealie" for the remaining sale. This has worked for me.

Doing this keeps the Cash Reserve where it belongs while not letting it get out of control.

Best regards, Tom


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