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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Hal Campbell who wrote (3562)10/5/1998 11:00:00 PM
From: W. Thompson  Read Replies (1) | Respond to of 17679
 
Heroin Addicts.....
I have never used a drug that wasn't legal except morphine while in the hospital. Amazing though how I didn't want to sell at 3 3/4 but was squeezed out on margin. I have lost $35,000 in this stock. I originally bought on advice from a friend at 10 1/2 two weeks later this stoc was at 15. Easiest money I ever made!
I bought again at 11, 10, 9, 7.5 margin, margin, margin. All the way to margin call. Twice! As my friend who first told me about this turn around stock once said, "you read about people who do stuff like this!"
I have fully believed everyday since I bought it, and since I sold it that this thing could turn on a dime and start heading back up. In a very sick way I still believe it. Hell, it can't get much worse. Right??
Is this the way a heroine addict feels?