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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?

To: Ray Rueb who wrote (1528)	7/28/1998 4:58:00 PM
From: Joe Hartenbower	Respond to of 2534

Ray - <<I sold my position today for a 51% loss.<< I'm truely sorry that (1) you sold your stock and (2)you did it to day and (3)you accepted a 51% loss. I think you averaged $1.35. I was at $.66 and just bought a bunch more $.74. My experience is when a "real company" BB stock follows the pattern it has, it will go back up when some factual news is released. I think there will be some soon. Remember, buy low, sell high. I think you have it reversed. >>My 5,000 share market order filled at a horrifying 1.45.<< Anybody that buys or sells at "market" on any exchange is asking for it. >>I placed a limit order $.01 UNDER the bid of $.69;ie: my limit was placed at $.68 for all 10,000 shares.<< I think you lucked out. I don't believe that's the way to trade. If you had put it in at $.71 you might have gotten it and made another $100. Are you an impatient type person? Emotional? >>The discomfort stems mostly from the stupid bickering on this thread.<< My God Ray, quit the thread. These threads are goofy. They are not for gathering reliable information. I've been around for quite a while. The Internet is helpful in that it gives you ideas to check out. It is definitely not a vehicle for gathering reliable information. The people who are enthusiastic about a stock are always very positive regardless of what's going on. The sickos like Tough Luck Watson are always "out of context" negative no matter what's going on. I sometimes believe that a lot of the SI posters and lurkers don't have anything else to do or offended everyone they know and are searching for more people to upset. For others it is obviously a socializing vehicle... geezeeeeeee! >>some people just don't get the concept of what this board is for.<< You are kidding!!!!! Just what do you think it is for???? >>I used to work for a MM<< I think you have forgotten a lot or were never where the action was. I know some MMs and you sir, don't think like one. >>I do my trading using gut feelings.<< If that is true, then the controlling factor is what you experience "just before" you have that feeling. Feelings don't just come out of nowhere. For instance, if someone shouts at you, you might feel bad about it and not like them - gut feeling. What if they were trying to get your attention. Feeling based decision are famously unreliable the feelings unless they are the result of an effective information gathering or DD process. Try using Ben Franklyn's decision making strategy.... balance sheet approach. I'm sorry if this seems like an attack, it wasn't intended for that. I too lost some money until I realized that the best think I could do was mirror the successful investors. Since then it has been better I certainly don't rely on an Internet thread. I suspect there are a lot of people on this thread that have made the same mistakes you have. That's unfortunate. Good luck, Joe