Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: Kevin McKenzie who wrote (1770)	7/23/1998 10:44:00 PM
From: Siber	Read Replies (1) \| Respond to of 15313

Excellent post, Kevin. I'm in for the long haul....but you sure hit the nail on the head (my head anyway). Apparently I am a trader rather than an investor. I can't even keep myself away from realtime quotes!! Hmmmm something to think about. It is like smoking.....so hard to give up. There is absolutely no way I could keep myself from charting and looking at realtime quotes. Or looking at my portfolio on a regular basis. I have no intention of selling in the short term, I am definitely holding for the long term, but I cannot stay away! Is there a clinic for this affliction? Sincerely, Helene

To: Kevin McKenzie who wrote (1770)	7/23/1998 10:45:00 PM
From: Wally	Read Replies (1) \| Respond to of 15313

Kevin: Your advice is very sound: "If you are truly a long term holder of FTNT, you will follow the advice of some of the other posters and completely ignore its day-to-day vicissitudes." And especially, ignore the gaps (good ones and bad ones) and focus on the bases. The only disagreement I have with you is with the stock symbol. (fNTn not fTNt) Otherwise, your right on our money! Thanks for your input. Nice to have contributing on the thread, Wally

To: Kevin McKenzie who wrote (1770)	7/24/1998 7:02:00 AM
From: BlueCheap	Respond to of 15313

Post #1770 allows for Both Long Term strategy & Profit Taking Strategy. I think ALL should read Kevin McKenzie's remarks. It would be hard for me to count how many times I have preached that. It offends many to even hear that someone TOOK a NICE Profit, WHY I'll never understand. WHY else does one BUY a stock? I could only add this that I have stated many times: IF one has limited Funds, yet REALLY believes in a company's potential, then would it not be LOGICAL for that Investor to want & try to own as many shares as possible? If so, then HOW does that Investor DO that with those limited funds? I have used the strategy of exercising much patience and buying as LOW as possible. Then TAKING those profits on those FAST high flying runs. By using a TRAILING MENTAL STOP LOSS, one can TAKE those profits close to the TOP of a RUN. Then by using patience, that Investor can USE those profits AND his original capital to BUY MORE SHARES than previously owned, that is IF he REALLY see's potential in tha company. The risk is that most will not buy at a higher price than they sold for, however , if they see their just taken profit as a HEDGE then that should pose no problem = overhead.. Investors who hold long term and never sell until the price has reached a very high price should respect this strategy as we respect theirs. Ask this, AT what price will a long term investor sell? I say the answer is when that particular Investors is SATISIFIED with his investment return.... BTW, I just looked at the last several post and it appears that most are by those of us who have been trading FNTN since the .25 cent days of last July. Wonder WHY? ;^) Kevin, I bookmarked you and wish to converse with you privately, not that often I get to look at my strategy MIRRORED. I am not alone after all;^) Regards, Malcolm Lindsey