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 : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (2587)7/1/1998 10:27:00 AM
From: Mark Oliver  Read Replies (1) | Respond to of 3029
 
<First time you have been THIS negative on INVX..... sounds like a sell signal to me.....>

Are you saying this for me or you? I have been this negative before, but I still hold 2000 shares. In all, I've made a bundle on Innovex. It's a good company, but I should have acted on my own words before it got so bad.

Well, I never expected it to get this bad, and now that it has I intend to hold because I think we will see some positive moves. As all the bad news is probably factored in.

I think if INVX can get, and announces, a new HIF customer we'll see a good rally. The key here would be for Innovex to do a little PR, which has not been their strong suit. Maybe these guys have gotten a taste for how nice it is to have the stock over $20 and they'll start to beat their chest if they can get a good win?

As much as you consider me a short term trader, I still calculate the cost on these shares at $6.75. I've held these shares in INVX for well over 2 years even though I've also had about 30 transactions in the stock since then, including several options lays that went up over 1000%.

Yes, it would have been better have sold these last 2000 shares at 30+, but that's always easy to say. Truely, I think we'll see a slow drift up. Hope so anyway.

Regards,

Mark

PS How about that Applied Magnetics? Would you have guessed it would be up over 60% this week? Sure this is a short squeeze. Think the shorts will hold on, or bolt for the exit?