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Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?


To: steve olivier who wrote (3881)5/29/1998 11:27:00 AM
From: Goodboy  Read Replies (3) | Respond to of 21143
 
You have not seen the VOD announcement yet. Keep trading. That is what works for you. For me, I like to know that I will sell this stock (maybe not) above 10 later this year or early next year (maybe sooner). That I will sell a major position built from the 1.50 area to 4. A position that I built paying up on up moves and buying agressively on down moves. You made trading profits, I just bought more.

Who cares that the stock is at 4 from 4 3/4 (we all know that was short lived). If you have the facts to believe it is going higher than you keep on buying on these selloffs. I guess if you only trade small amounts of stock and don't have the capital to keep buying over the long term, then maybe your strategy (if you can call every turn) will be beneficial. In addition, if your tax bracket is low (28%) versus most people I know who own this (40% plus), the short term gains won't be taxed to death. Most of my stock will be long term by year end (20% cap gains tax). My tax savings will probably exceed several short term trading profits. My position will be larger than any position accumulated for sake of trading.

You are in the dark. Traders and those who panic when they see their short term profits evaportate, due to other people with the same mentality and outlook selling the stock down, create opportunity for those who are here to invest and didn't listen to all the negative BS and misinformation given out on this thread over the last year. Facts speak louder than opinions. You have not yet seen a Vod announcement. Stock will be above 5, then 6. I am sure you will grap 3/4 or a point. I'll grab it all and not just with a trading position. Good luck.