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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (26572)1/10/2006 1:53:15 PM
From: catflu2™  Read Replies (1) | Respond to of 27311
 
i've made money on it a few times, but not by being a sycophant.

naive isn't a word I'd use to describe me. I've been trading for a long time. Mostly index futures now but I love low priced spec companies with no chance. Only way to make any decent percentage. And yes, some of them tank. That is a possibility with all positions. Its called risk you maroon.



To: MGV who wrote (26572)1/10/2006 2:07:37 PM
From: Kirk ©  Respond to of 27311
 
Why are you so upset? Have you lost money following a guy on the internet?

I don't know anyone who likes to dwell on their losers. Maybe you can be the first and point us to some of your calls that didn't work out well?

I appreciate good feedback, such as saying da has been recommending VLNC for a long time and it keeps going down, but that happens often. One of my biggest money makers I first recommended at $7 and told my readers to dollar cost average in... it eventually sold at a small fraction of the cash on the books or 32 cents.. I loaded up many times under a buck and it eventually hit $16 and higher! Good stocks can go down... That stock was under $5 last year so I loaded up again (added nearly 50% to my core position...) GGR is another... ended up buying shares hand over fist at 12¢ and $16.5¢ with my personal account and took profits in those shares at the end of 2005 at $12 and $13.42... Before hitting 8 cents, that stock went over $10 twice!

Good feedback doesn't mean getting nasty.



To: MGV who wrote (26572)1/10/2006 4:59:15 PM
From: robert b furman  Read Replies (1) | Respond to of 27311
 
Hi MGV,

My very biggest winner (1609%) in the 1998-2000 runup was a loser for 2 years when I first bought it Cohu.

If you have time - look up a little known book written by Ted Warren " How to Make the Stock Market Make You Money.

It is a long term approach to investing in stocks that build technical strength through consolidations and downtrends - all of which that usually end with a final shakeout.

Learning to take the opposite viewpoint FROM THE PRICE ACTION is the hardest lesson to get over.

Thinking the opposite from those long term boring price action formations is often the route to 400-600% returns on a long term gapital gains taxeation basis.

It won't make you rich tomoorow,but if you start and stay with it - it will make you rich over the long run.

I've been doing it since 1976 - made many mistakes - but in the long run - I've been put much closer to an early retirement.

Alnog the way I've paid my house off and been able to buy into 4 dealerships with excellent ,honest and very hardworking partners.

As I've lurked,and held these long term positional trades and accumulations - Da Chief's irregular, but consistent support/opinions have given me the confidence to hold onto my positions.

It is seldom that one can get emotional support during the down drafts that Mr Market gives US ALL - especially when it comes from someone that has established his credentials over a long time and that offers them for free - except for those who want to discredit a known entity for some small personal gain.

My advice is don't be the kid looking to gun down Jessie James.It will be much more beneficial to listen to Don's perspective and adopt it into your investment thinking - it could well make you rich over the long run.

No one is perfect over the short run - in fact it is always when I make my worst mistakes.

Just another person opinion - hope it is of value to you over the test of time.

Bob