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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Tim J. Flick who wrote (11577)2/17/1998 11:20:00 PM
From: Hardrocker  Read Replies (1) | Respond to of 31646
 
Tim,

What is a pyramid shot? Maybe I've already done it and just don't know that I've done it..:o)

Hardrocker



To: Tim J. Flick who wrote (11577)2/17/1998 11:56:00 PM
From: Karl Drobnic  Read Replies (1) | Respond to of 31646
 
Tim: I'm getting the same feeling about TAVA's prospects. Note that when I asked Jenkins about utility deregulation, he jumped right to "the sale of spot power". He's already lining up a huge target beyond Y2K. I worked out an "average up" plan months ago. I put a percentage of my unrealized profits back into new stock at certains price intervals. My break even point is kept comfortably below the stock price while my position grows as TAVA breaks into each new trading range. Your pyramid is probably more aggressive than my averaging up, but I think this is one of those rare instances in the stock market when as much attention should be paid to increasing profit potential as to minimizing risk. "Sell half when it doubles and keep the free stock" is not my strategy with TAVA.