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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (58755)	6/2/2007 6:34:39 PM
From: lexi2004	Read Replies (1) \| Respond to of 59879

Hi Mark, Was so good to hear from you. While I know your job is demanding and that's where you need to focus your time, I don't remember you being away from the board for so long. Hence, I was becoming concerned that something had happened to you. Glad you wrote to all of us. I know you are good about setting stops and that often protects you; however, when it opened at .90 I knew you had to get hit hard. I got hit too, but I wasn't holding all that much compared to you. You offer some good points, especially regarding holding a basket of stocks. I do think the bios/pharms are more risky and as such we probably are better off never loading them. As for under $10 stocks, you may be right in general, but I'm sure many can name higher priced stocks that tanked too. Besides, many times the greater the risk, the greater the chance for profits. Right off the bat I can't remember any $20+ stock that doubled or tripled in a day, yet I can think of several of the ones we play that do. Regardless, we all have to do what we are comfortable doing and what enables us to sleep well at night. I still think back to how lucky I was when I had like $63,000+ in GNBT and there was no bad news that sliced it 50%+ like our VION. Hopefully I'm wiser now and won't do that again.:) Currently I have close to 9.5k LMRA. I think we have a good pick there and if held, I believe you will make up your loss on VION plus a healthy gain. I liken LMRA to JADE in that JADE hovered around the same price forever. I got so tired holding it that I finally sold it for a small profit and within a short time later it almost tripled. LMRA has tested us over and over; however, I keep a core position and trade a small amount for I want to be in when that move happens. Again, good to hear from you and you are doing what's important. Do try to touch base here when you can though for we miss you and your posts. Lexi

To: TATRADER who wrote (58755)	6/4/2007 8:53:02 AM
From: hotlinktuna	Respond to of 59879

Nice to see you post Mark! Sorry about the rough hit in VION...we've all been there unfortunately. Thanks for the suggestions also btw...wishing you the best! tuna

To: TATRADER who wrote (58755)	6/5/2007 6:00:25 PM
From: lexi2004	Respond to of 59879

Mark...Found something interesting regarding LMRA. One of LMRA's board members is also on the United States Air Force Scientific Advisory Board, and this is what they do: Provide independent wisdom and insight to Air Force senior leaders on science and technology for continued air and space dominance. So, never hurts to have good associations and believe this contact with senior Air Force leaders can only be a help to LMRA. Lexi