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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Mkilloran who wrote (10750)4/19/1998 4:42:00 PM
From: AlienTech  Read Replies (3) | Respond to of 13456
 
>>I agree with you VVUS pick .........not sure about the 80 by OCT <<

Why not? 80 by OCT 2001 is not only possible but very conservative.
And the key is not to make 70 points on it, But to make sure you can sell it at 80 and make a good profit in it. Might only make 40, but thats called hedging. Its expensive but its better than ending up in the poor house like the rest of the poor sobs.

Eg I bought JBIL @ 43 or so for the earnings game. 4000 shares, Was almost down 40k on it. Now I am slightly in the money. Now if it had gone to 50 I would not have made 28k but I would have been happy with 14k. Wonder how many people are still holding it at a loss at this point. But I need all the profits I can get to make up for my loss on my next APM.. heh.. You dont think that 12 to 8 is 50% (the downfall). Just like you dont think 8 to 12 is 50%, You would rather a $50 stock go up 4 points and be estastc about it..