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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?


To: angel who wrote (2019)1/6/1998 3:49:00 PM
From: TEDennis  Respond to of 3391
 
angel: Re: making money ...

Thanks for the kind words. I sure hope I'll be able to make back my losses here. Shooting for 20%, which is a target of 8 1/2, depending of course on what the momentum is like at that time.

If and when it gets to that point, CSGI may very well be my very first attempt at shorting a stock. Then, we can ride it together on the same side of the fence. I'll look at that gamble just like I look at my current holding. Pure speculation, pure gamble. However, there is more risk involved with a short. You never know ... some enterprising Y2K remediation firm might decide to buy CSGI at 10 times the stock price. That would burn the shorts, eh?

By the way, I also own TPRO, and almost broke even on it last week. Relatively small holding that I purchased with the "left-overs" from other trades.

Do an SI search sometime on the "TED Effect". It's a well documented case history of my incredibly bad timing.

TED