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Gold/Mining/Energy : Tri-Vision & The V-Chip -- Ignore unavailable to you. Want to Upgrade?


To: pipick who wrote (3329)7/8/1998 4:37:00 PM
From: Graham Dellaire  Read Replies (1) | Respond to of 5743
 
Purely hypothetical I would say that the price...

of TVL without the selling would be about 2.50. We got nailed hard by Gundy/Research Capital shorting which put us below 2.50. We saw a 60 cent climb on Memorial day when LB forgot to continue selling...hehe.

SO I think the interest WAS out there... time to drum it up again and when LB quits selling we should drift back up to 2 bucks. Hopefully if Gundy still has some warrants left they might try to manipulate in the opposite direction and put us above 3. I would sell half your position anywhere between 2.50 and 3 if you have bought at todays low prices. Then hold the other half for any pop on significant news... stock tends to go up in anticipation. So sell into the the buying frenzy before news. THen wait for dust to settle and get back in again.

Or if you aren't a trader. Sell half at 2.50 to 3.00 and then hold the rest for 2 years or more and let the decoder market and TV licensing mature and develop then get out. This is a two-three year phenomenon for high growth at max.

Just my opinion. Listen to your own intuition and do your D and D.

Cheers,

Graham