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Biotech / Medical : T/FIF, a New Plateau -- Ignore unavailable to you. Want to Upgrade?


To: LLGM who wrote (844)1/30/2002 2:07:54 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 2243
 
Just playing with an issue that I was certain was safe to hold. Did it and do it in real life. It helps that I've followed and talked with Jesse Eisinger.

Stop loss in biotech? To each his own. I've never used one, and don't plan to.

>> Why did you day trade <<

Because it's easy sometimes. I focus on long-term positions, based on valuation and excellence in science. If that's not paying the bills, something must.



To: LLGM who wrote (844)1/30/2002 2:34:41 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 2243
 
a second answer....

please note that I was lamenting, this morning, that T/FIF can't trade on margin.

we only had about 18K in cash, if I remember correctly. Therefore, I was day trading and hoping that my broker didn't notice the negative balance.

:-)

(in real life, I kept a little. That hunk, however, is also gone now).