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.
Technology Stocks : SYQUEST -- Ignore unavailable to you. Want to Upgrade?


To: Dale Stempson who wrote (6381)5/13/1998 12:36:00 PM
From: Arrow Hd.  Read Replies (1) | Respond to of 7685
 
It is unfortunate that we were not able to get a pop and ride this
back up but having a close stop is a very good defensive strategy and
some of the best trades we ever make are small losses. Not closing
out a non-performing position is probably the single most important
error investors make.



To: Dale Stempson who wrote (6381)5/13/1998 12:40:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 7685
 
Wow, SYQT is finally breaking down after all this time? Might be worth it to let it settle into a new trading range for possible play. Perhaps news of Castlewood Orb's release date is circulating, and this is the cause of SYQT's recent decline.



To: Dale Stempson who wrote (6381)5/13/1998 5:58:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 7685
 
Dale, congrats on putting in a tight stop. Did you buy your shares back at $2 1/32 or are you waiting for it to hit $1 first?

I'm teasing only. I really do think you're wise to use such tight stops. If I had that discipline with Iomega, I would have much more mula to spread around.

The only good thing was that I did get out of most of my shares @ $10. Still took a bad hit, but I guess it could have been worse (25% worse that is)

Good luck.