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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (3896)1/26/1998 1:06:00 PM
From: Evan Dimmer  Read Replies (3) | Respond to of 18928
 
I was wondering about share accumulation, and I bring up this question now that you mention it. I just started with AIM, so I haven't seen the results yet. But, I was wondering if over time, you end up accumulating more and more shares, instead of staying in the same range. I was wondering if anyone that has been at this longer than I have could comment on this.

Ed



To: OldAIMGuy who wrote (3896)1/26/1998 8:24:00 PM
From: Bruce A. Bowman  Read Replies (1) | Respond to of 18928
 
I'm glad you asked that question, Tom, because it forced me to deal
with numbers instead of arm waving. I'm actually in better shape than
I'd imagined. Price movement of the stocks since 12/31 looks like:

BOBJY -7.3% CTAL +6.3%% EGRP +12.8%
HAVT +0% LOGC +22.6% MXWL +27.3%

I can't average these, of course, since I don't hold equal shares in
each and I had 1 sale. So I looked at account totals and got:

Stock Value = +9.5%
Account Value = +7.8%

So I guess all in all I'd better stop complaining so loudly because
I've actually been treated pretty well so far this year.

Bruce



To: OldAIMGuy who wrote (3896)1/26/1998 11:51:00 PM
From: Linda Kaplan  Read Replies (1) | Respond to of 18928
 
Tom,

I got an AIM buy on DIGI today. Is that good news? It doesn't feel so good. :-)

Linda



To: OldAIMGuy who wrote (3896)1/27/1998 11:29:00 PM
From: RFH  Read Replies (3) | Respond to of 18928
 
WARNING to all AIMers. You must stick with the farging program, as painful as it seems. As long as you have a solid company, or even just a sector (fund), just remember that things will turn around!

Case in point: I've been buying my So. African gold company (DROOY) all the way down. Started with 300 shares @ 8 3/4, and as the stock went down, I turned it into an AIM account by buying another 700 @ 3 3/8. Continued to buy down at 3 1/16, 2, and 1 13/16. AIM told me to buy another couple of thousand at just under 1 1/2, but I just didn't have the guts to pull the trigger. Felt like AIM wanted me to stick my fist in the hole of the Titanic. So I blew it off. Well, the stock has rallied this week to 3 3/4, and I'm left kicking myself for not taking that last buy signal. If I would have, I'd be a couple of thousand in the black, and selling shares now. As it is, my sell point is still above the high it has attained.
Now, I'm suffering with GUMM, which is going down down down, and AIM wants me to buy another 800 shares. I know in my heart that GUMM will eventually rally, but it sure is hard to commit the funds. Just remember, paper trading AIM may be fun, but when your dough is on the line, you better have what it takes. I'm just learning.

Sincerely,
RFH