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Biotech / Medical : BioLase Technology, Inc. (BLTI) -- Ignore unavailable to you. Want to Upgrade?


To: arnold silver who wrote (651)8/13/2003 9:21:38 AM
From: upndn  Read Replies (1) | Respond to of 706
 
Hi Arnie!
I think any thing bought in the 10's is as good as gold.
I would remove that trailing stop.
The price has slamed down as much as $2 in 2 minutes before when some high roller has dumped a load at market. 10 minutes later the stock recovers 75% of the move. I made quick bucks one day when this happened, it was moving so fast I just threw a market order in near the low point, sold 2.5K shares 15 minutes later for $1 plus and another 2.5 the next day for lots more.
I have been a bit lucky with this, got in when it first hit 8 and managed quite a few trades at the right days so my average cost may be down to 4-5 if the profit was "put back in".
Actual average cost of current shares is about 12.20. I've bought all over the map. lol
Anyway no surprise if this hits 20 by Christmas to me.
Jim