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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: $$hungry who wrote (5274)	8/5/1998 3:41:00 PM
From: OldAIMGuy	Respond to of 18928

Hi $$, I can understand your frustration. However, neither AIM nor Newport are much concerned. You can just ignore the recommended Buys for now. When you can finally trade, then use the "What If" window from each stock screen and input the price close to what you can actually buy at. Newport will tell you how many shares to buy at that price. I usually round to the nearest 100 shares, just to keep my bookkeeping simple. When the trade is complete, then report the Buys to Newport through the TRADE window. In the mean time, you'll just have to look at those Buy signals and ignore them. Who knows, you may even get a better price in a few weeks!!! Best regards, Tom

To: $$hungry who wrote (5274)	8/5/1998 6:25:00 PM
From: Bernie Goldberg	Respond to of 18928

Hi, As they say back East Fuggedaboudit. Tom's answer is mostly right. I don't know what you have, how much you of it you own, and which discount broker you're using. It will probably take about 2 weeks for the transfer to occur between the two brokers. Mr. Lichello recommends doing your AIM calculations once a month, twice a month at most. Assuming the prices on your stocks continue down, the result will be that you will buy more shares at lower prices. As far as AIM is concerned that's good. Assuming that the prices level off, you will make the same purchases as you would today. As far as AIM is concerned that's good. Assuming the prices on the stocks you own go up, that's good also. You see AIM really doesn't care about any of these small technicalities. It knows that stocks will always be doing one of the above. What you have to do is make sure that when you buy you are buying at least 5% of your stock value (or $500, which ever is greater)on each transaction whichever is greater. Using a discount broker and commissions of $12 or less that will keep your expenses below 2%. When you've done this as long as Tom has you can start worrying about 100 share lots because you will have a large inventory buildup in shares from stock price downturns. Hope this helps. (:-D Bernie