To: dch who wrote (11122 ) 6/4/1998 9:37:00 PM From: Shaun Read Replies (3) | Respond to of 50264
****To All--Pearls of Wisdom (at least I think so). Well, at long last I have taken that big step from lurking to actually participating. I have been a stowaway on the DGIV ship for some time and have also gotten involved in INFE and ICVI--all winners win you look at them fundamentally-unfortunately many(most) do not look at them that way. As for my Pearls of Wisdom--here they are in no particular order: 1) As a lurker you ARE MISSING OUT on some of the "goings on" in these stocks--I learned that the hard way today in INFE. Nobody's fault but my own. Secrecy was needed for timing purposes and it would have been spoiled posted publicly where ANY lurker might read (gee, do you think MM/s lurk?). As a result of my not being in the know I missed out on a good .50 per share on my INFE purchase. No, I don't get a % if you apply for SI--although the price does go up after today. Also, all of you disseminating info/DD--please realize that all that read are not members. 2) This was the second lesson in my INFE stock today (boy did I make some BAD choices today). I was so proud of myself yesterday having placed a market order to buy at $4--even when it was much higher. I got filled right at the closing bell--good for me! I had not, nor had I intended to daytrade any of this--too hot! As it was I just sat and watched it run from the very beginning (.50 cents for me--figured I had missed it--oops). Well, hearing the thread say NOT to buy during the morning, that the shorters were going to bring it down further, I did the unspeakable--hmmm--I'll sell now and get 'em cheaper later. Well, re-read #1 at this point and realize I didn't know the whole story--needless to say I had to pay more for my stock and will be out about .75 cent profit per share as it runs up--lesson learned. 3) DAYTRADING IS DETRIMENTAL TO THE OVERALL PERFORMANCE OF THE STOCK! That means it's not good (bad dog, no biscuit!)! Sure , it is possible to make money that way but if we had stronger hands in ICVI don't you all think the stock would have a higher base? It's a 100+ million dollar company--trading for a buck--you must be kidding! With more on the way! I know it's redundant but try to hold those shares and buy on the dips(<---- not my pearl). I absolutely love not having to think about DGIV--It has GREAT fundamentals as well, company support in the form of buy back (a la INFE now), and VERY STRONG HANDS HOLDING THE STOCK--up a buck, down a buck--who cares--we all know where it's heading! I don't even really watch it (well, that's not entirely true)--no need. 4) Suggestion--we need a code or something to place at the beginning of each post heading--some are just greetings or jokes/dialogue not pertinent to the stock--that's great--it can just be a little oppressive if you've been out and have to muddle your way through someone's conversation (not that there's anything wrong with that :O)) Something that rates the "pertinence" of the message--at the beginning so it shows in the heading. Perhaps a one to four star system (this will tell us who thinks they're important--note the four stars in my heading--heh heh). Especially Macker, RICO, and some of you others--you could drop a paper-weight on your keyboard, send it as your heading and we would all probably click on it to read it! 5) Man, do I talk a lot. Shaun