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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers -- Ignore unavailable to you. Want to Upgrade?


To: wallstreeter who wrote (1044)9/18/1998 10:16:00 PM
From: Tom Dickson  Read Replies (1) | Respond to of 4624
 
JP,

If only we could know the High and Low for any given stock in a year. We could really make some money. I heard it said that when investing, buying is 10 % of the trick, the other 90% is knowing when to sell. We've all heard some rules that go around. If the price of your stock doubles, sell half and let the rest ride. If after buying, (your buying because you think the price is going up right?), and the stock instead falls in price, at 10% down you should sell and re-evaluate your position., let the stock settle, etc, etc, etc. This is a hard game to make a living at. I think JNNE will win this suit, but if they don't, they still get the COSTCO money, they still can grow their other businesses. They have some very high profile assets. I do not like the price slide but using it to add to my position. This is a news driven stock and with no news, we slide. The only place you coast is down.

Regards Tom D.