SI
SI
discoversearch

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.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (170956)6/10/2003 8:14:37 PM
From: tejek  Read Replies (1) | Respond to of 1584570
 
By the way, did I mention that I entered a partial position in RMTI at 1.80, just for exposure? I'm also in ATAR, but I might have entered that prematurely as well and will be looking for a good place to sell.

First, know that I am not selling everything.....I plan to stay a little long. Having said that, let's look at the two stocks.

RMTI.......I haven't bought yet but have it on my watch list. The key for me on most trades is volume. With RMTI, volume has been dropping off dramatically during this brief sell off. RMTI had its big bounce on volume of 104K. Then it began to sell off. The first day volume was 91K; today it was 58K. That's a major drop off in volume. The selling is drying up which is what you want to see. If you have a l000 shares, you might want to sell half so that you feel better psychologically and then keep the rest. If you have less than 500 shares, remember you can't get to hurt falling off a curb. Worst case scenario the stock has support at $1.3. However, I don't think it will go down that far.

That's my suggestion........of course its your call and you do with what you feel most comfortable.

As for ATAR, I was getting ready to sell it today but then I saw that volume had picked up. Then I looked at the chart and ATAR has support around $4. It just bounced off that support. This may be not the best time to sell.....so I didn't.

On both stocks use stop losses to protect yourself.

ted