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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: David McCleary who wrote (23526)12/19/1997 6:30:00 PM
From: Al Krasberg  Read Replies (1) | Respond to of 41046
 
David -

I have, for some reason (temperament probably) never learned to WAIT to buy back in when the stock price shows some kind of sign that it has bottomed out. My norm is to buy in and continue to watch the stock price sag (like now).

Your way is a WHOLE lot better. Perhaps through your post (and some others) I have finally learned to stop hitting my thumb with that 'this has simply GOT to be the bottom' hammer!

Good Post



To: David McCleary who wrote (23526)12/19/1997 8:11:00 PM
From: Gary R. Owens  Read Replies (2) | Respond to of 41046
 
David/all:

Does anyone have any thoughts as to what the best time to buy
the tax-seller's shares would be?

My instinct would be on Jan 1st but after thinking about it,
I bet some who considered selling on Dec 1st held off until
this past week. IF this is correct, they can't buy back in for
30 days and still get the loss so it may be late Jan before
they would repurchase.

On second thought, people who sold FTEL because they didn't think it would make a rebound, won't be buying in droves again.
Hmmm. Hard to tell when the best time is to add to the position.
It'll probably be crystal clear to me in FEB when I should've
doubled up. Dah dah dah.
gary



To: David McCleary who wrote (23526)12/22/1997 10:31:00 AM
From: Serendipity  Respond to of 41046
 
<<
Thank you for your respect, but my prediction could have been done by
anyone with remedial TA knowledge and the willingness to put aside emotion.
>>

And not being bothered being called F@#&O?!! LOL

BTW, I am starting to view the stock a potential buy,
but not before getting evidence that the massive distribution
of the past few months is over.

Good luck to all and happy holidays