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.
Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Jens Tingleff who wrote (1140)8/2/1998 9:55:00 AM
From: TraderGreg  Respond to of 7609
 
Actually, there are a near infinite combination of exit points and sell portions that one can use. The point is to do what is comfortable.

Typically, a sharp rise in the price of any stock creates a temporary over bought situation. Pulling some profit off the table can actually be a win for both the player and the company. By taking some profit, it provides the player the ability to come back in and buy on dips and thereby provide support. Too often, I have seen stocks get hammered and the #1 complaint of the longs is: "If I only had cash I would buy now." A little profit taking can, repeat can, be helpful. As long as that profit taking isn't excessive.

TG



To: Mr. Jens Tingleff who wrote (1140)8/3/1998 1:15:00 AM
From: Gobe  Read Replies (2) | Respond to of 7609
 
Jens,

I agree with you that issuing new shares is often poorly understood and often taken as a negative without any further consideration.

Shares issued to finance something that adds corresponding value to a company are VERY different from shares issued that don't. I believe the roughly 80,000,000 new shares are easily offset by the value of what they bought.

Gobe