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


To: Jeffrey S. Mitchell who wrote (2485)2/19/1998 4:46:00 PM
From: Tech Master  Respond to of 3391
 
Jeff-

Everybody who invested in this company is in it for the long haul... they aren't going to sell... its going to the moon baby! There aren't any shareholders interested in locking in a profit (or a loss since so many people got suckered into buying this stock complements of SM)....

I wonder.... Trading versus Investing... should I go there? <ggg>

Tech Master



To: Jeffrey S. Mitchell who wrote (2485)2/19/1998 4:56:00 PM
From: tech  Read Replies (1) | Respond to of 3391
 
Mr. Mitchell, are you now going to also post false information on this thread.

CSGI's avg. daily volume is currently at 33,000 shares (based on the last 21 periods)

Approx. 1/3 of those 3 million shares belong to Mr. Bob Stewart, who is CSGI's chairman.

He has no plans to sell stock at these levels.

Furthemore, your little comments are absurd.

You don't take a single days volume and say that is the avg. volume.



To: Jeffrey S. Mitchell who wrote (2485)2/19/1998 5:17:00 PM
From: Tech Master  Read Replies (2) | Respond to of 3391
 
Jeff-

I found this post on another thread... the names have been changed to protect the innocent:

To: Joe Investor (4442 )
From: speck Monday, Feb 16 1998 1:46AM EST
Reply # of 4537

TRADING vs. HOLDING.

I can't understand how anyone can claim that holding a stock like CSGI is a good strategy

WHY DO PEOPLE INVEST IN THE MARKET ?

they invest to accumulate wealth.

Holding on to a volatile trading stock is not a good strategy.

Currently, CSGI is a trading stock...

You don't keep adding positions at the bottom, when you don't sell at the top. It makes absolutely no sense what so ever.

If you sell at the top, when you go to buy back at the bottom, you can use your profits to buy more stock, without having to put "new" money into the stock. You build wealth by adding to your position every time you go back in to buy. (without having to throw NEW money into it