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.
Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (15564)8/1/1998 3:31:00 PM
From: Susan Saline  Respond to of 53068
 


>>>There is no excuse for holding a stock thru such weakness, but I did it, and I'm not glad

ditto

I have no plan for it currently.

We are in the midst of panic selling, from what I can see. Not just this stock, but numerous stocks.

I follow and play regularily, RMDY ... in the eleven area now ... 19 just a couple weeks ago ... it has made a new 52 week low ... and looks to continue it's fall. No current position

Did buy PFE ... a good stock? sheesh <ggg> I believe that.... well I am telling myself I believe that anyway.

The only stocks I see making gains the last week are penny stocks ... but most of them have only recently become penny stocks ... pretty sad huh?

I am really not too upset about this little correction we are having ... I just go back and look at the chart from last Sept October Nov Dec ... and believe we are just having our OCT crash a few months early ...

soon ... every day ... these stocks, at unbelievable low prices, will gap up on the open every day ... and they will be hard to catch ...
investors will be leery of buying the gaps ...

the stocks will gap up and go flat the rest of the trading day.

then gap up the next today and so on and so on ... till investors are fairly certain that the correction has ended.

Unfortunately ... no one can predict when this will occur.

sue