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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: twt who wrote (6267)	6/2/1998 5:35:00 AM
From: Doug T.	Respond to of 11850

We are a long way off from taking any profits. This company is looking great. Hold your shares( if you bought any). Start paper trading if you can't answer some basic questions yourself. Doug

To: twt who wrote (6267)	6/2/1998 7:20:00 AM
From: ChartMan	Read Replies (1) \| Respond to of 11850

MUST READ twt: When to sell is (imo) the hardest decision in the Market. When I look back on my trades over the years, I see that I let my "real" winners go too soon (sold too early) and kept the dogz too long. In fact, when I was a pup at this, I actually did the death dance of averaging down on the losers. After analyzing my trades a few years ago, I decided to try a different approach. Hanging on to my winners and buying on dips even if it meant averaging up overall. That seems to work much better for me. ICVI is recent example. I was late to the party and picked up my first shares @ 0.75. If you follow this stock, you know it backed off to below 0.50. I was buying all the way down. Then it started its run up again. I was buying on all dips. My average cost NOW is 0.60 and I have a PAPER profit of xx,xxx Now the question is when to let go. I won't let go until: a) There is a fundamental change in the Co. or, 2) I have a much better candidate for my investment dollars.Finding one winner is tough enough. I'm no Warren Buffet but his strategy of hanging in there seems to work for him and all the other big time Market winners. Watching the price tick for tick and having ones finger on the trigger minute by minute is not the best way to go (imo). DD the stock. Make your move. Monitor the price. Relax and let it run. Comments are welcome. (BTW: I did the same on INFE and DGIV)