Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?

To: Irish who wrote (3318)	3/5/1998 4:59:00 PM
From: Clayleas	Respond to of 7111

Irish, Nothing wrong with selling for a profit and then getting back in at a better price. Just think, your gain probably came at some short's expense. Congratulations on your successful trade! Jim

To: Irish who wrote (3318)	3/5/1998 5:36:00 PM
From: Gary105	Read Replies (1) \| Respond to of 7111

Irish and all, Theres nothing wrong with taking profits on any stock. One of the things I've noticed on these threads is that a great commeraterie exists among the posters - but that should not translate into a marriage with the stock. Personally I still hold a large portion of my initial holding, but I have sold off some on the way up, primarily for diversification so that the majority my net worth is not in Radica. I have also been writing covered calls - at times letting them take the stock from me, at times buying the calls back at lower prices or letting them expire worthless. I have done a limited amount of call purchases also and have been buying the dips. I'm not naive enough to believe I will find another Radica, so most the profits I've taken during the last year have been plowed into BRKB (the Berkshire Hathaway B shares) although some has been plowed into smaller companies with mixed results. I believe there is still a lot of value left otherwise I would not be holding and buying at times and its difficult to find a triple digit grower at such a low p/e However, imo its dangerous to assume one will catch a peak in any stock. Best Regards and investing to all, Gary

To: Irish who wrote (3318)	3/5/1998 9:32:00 PM
From: bajaseatrader	Read Replies (1) \| Respond to of 7111

You were not the only seller. I blew out my whole trading position on the way down. I was confused and discouraged. A good friend called Tuesday evening to discuss the option values. He pointed out the options were all trading at big discounts to theoretical values which we interpreted as extreme pessimism. We then called at least 10 other friends who all own the stock. Most had sold because they were surprised by the move down on the good news. This confirmed our belief the long sellers were out. Therefore we bought back Wed. morn. The best part I read Skipards post on CCSID and split my trading account buying it also at 14 3/16 closing today at 17 1/4. Don't forget RADAF is only 1 1/4 from a new high. Press the winners. Regards Stan