SI
SI
discoversearch

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.
Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: DPG who wrote (6115)4/18/1998 9:41:00 AM
From: VALUESPEC  Respond to of 7396
 
Lizzard King: CD is going up. I'll eat a sock of mine (well, maybe) if it doesn't. I can't understand at all why anyone would sell this incredible blue chip stock.

It was $19.00a when I first mentioned it here on Thursday. It closed @ $ 21.25a on Friday, and its probably going way higher. This is a stock in which hundred millionaires will double their money. It is one thing to own a small cap that doubles, but it is much more impressive when one trades a large cap does because that means you could have doubled much larger sums of money, and probably had less downside risk. I'm not sure if it will double this year, but 25%+ is very likely (I'm up 11% now). I will be disappointed if I don't get $ 30 out of it.

This was a low risk, high profit trade for those who understood the company (or think they did) ! This has been a great couple months for me. I hope it continues. I will be surprised if I'm not up 200% since Jan 1st by the end of July. I'm already up over 100%.

Why do I say how much I'm up? Not to brag. I notice that many don't say how well they are or aren't doing. I feel that by saying how I am doing, others can then try to compare what I am doing with what they are doing. I wish others were saying how they were doing on this thread. As far as I know, they could be losing money ! Let's continue to learn from each other.

As always, I enjoy the input I get on this thread. I still wish I had bought LBOR which I had learned about from the traders here.

VALUESPEC
valuespec.com



To: DPG who wrote (6115)4/18/1998 1:51:00 PM
From: LzzrdKing  Read Replies (2) | Respond to of 7396
 
<<<<I would say so. Posted it here at 20 1/4, still in. I held thru
earnings by mistake, had
earnings down for next week, oh well. This is a classic big vol break.
The stock has a
favorable valuation as well which I like, and expanding revenue growth.

TTILF is looking very good. I sold the shares I bot yesterday ay 6 1/16
at 6 15/16, as
7 had been resistance, and rebot 7 1/16. I will add more at 7 3/8. this
stock looks
primed to go.>>

On EQNX - I got in a bit later than you at 21 and still holding. Do you
have a target in mind there? One of my problems is knowing when to sell.

Agree on TTILF - got in there yesterday. Thanks for pointing in out.>>

I don't really have a target for break out stocks as they are at new highs and have no resistance. I just watch the action to determine when to sell. Right now the stock is acting well, every morning mms try and shake is out and in the afternoon it strengthens, which is good. the pros do their buying in the afternoon.

TTILF is looking great. It actually made ibd weekend review. Not a bad 33% gain this week for lizard king in it. As a result, I decided to splurge and buy something I always wanted, so I bot an electric stapler for $17, since it had a $10 rebate.

Now I see one on my fav stocks is getting some good press in barrons, AMES. I will likely be selling that gapper, thank you very much.