I guess it is ok to average down in a company you feel comfortable with your research on. I wouldn't recommend averaging down on every stock you own. Better to exit and rebuy later.
However, I did average down on One company I like. And Microsoft I buy every month.
The best thing you can do is not pull a ROSARIO like he did on AGTI.
To: Frank Brisebois (3638 )
From: *ROSARIO*
Friday, Aug 7 1998 11:05AM ET
Reply # of 3914
Something is up here!! Buyers coming in with large block buys. Over 400k traded, thats
2.6 million pre-split volume, Bid at 1.9 cents.
To: aquaman809 (3657 ) (Trial Member)
From: *ROSARIO*
Sunday, Aug 9 1998 1:26PM ET
Reply # of 3914
That is very simple. PRWT is an excellent play, if you get in monday morning for the
next run, otherwise wait for the next pull back after the run. Easy 30-40% increase next
week. Review the SI thread under PRWT and Pan American, positive thoughts only.
Dont count AGTI out as yet. As I said something is up with all the recent buyers.
JMHO, do your own DD. Good Luck
To: Chief (3664 )
From: *ROSARIO*
Monday, Aug 10 1998 1:59PM ET
Reply # of 3914
I'm in for 110,000 shares. Have some additional information. PM me and lets discuss
our strategy accordingly. Best Regards
To: Chief (3664 )
From: *ROSARIO*
Tuesday, Aug 11 1998 10:57AM ET
Reply # of 3914
AS OF 10:50 edt, BID 1.5 cents, Ask 1.8 cents, Volume 309,000. Excellent volume
again today!! AGTI is up 6% while the dow is down 200 points. Any thoughts!? Good
Luck
To: dls david (3692 ) (Trial Member)
From: *ROSARIO*
Wednesday, Aug 12 1998 7:16PM ET
Reply # of 3914
Bought 110,000 at 1.5 cents. I like the huge volumes the last 4 days. Unable to confirm
if Shuflemaster And Agti has struck a deal. Something is definately happening when you
consider over 16 million shares have been traded the last 4 days. (Pre Split Volume).
What do you think??
To: dls david (3698 ) (Trial Member)
From: *ROSARIO*
Thursday, Aug 13 1998 8:03PM ET
Reply # of 3914
WOW!!! THREE MILLION SHARES traded today!! That is 12 million pre split
volume. Last 5 days over 30 million shares traded, pre split volume. Either we are going
to be very rich on this one or leave with ZERO. IMO, this massive volume points to a
deal to be announced at any time. What do you think??
To: Mingo (3703 )
From: *ROSARIO*
Friday, Aug 14 1998 10:51AM ET
Reply # of 3914
WOW!!! 3 MILLION shares traded first hour of trading!! I added another 250,000
shares!! Something is up here!! It is obvious!!! No Brainer!! JMHO, Peace!!!
To: traderdan (3711 )
From: *ROSARIO*
Friday, Aug 14 1998 12:49PM ET
Reply # of 3914
Good question. I have to say to my self if AGTI is going out of business of filing a
chapter 11, would over 70 MILLION shares, (PRE SPLIT VOLUME) be traded this
past week?? I have never seen this happen in the real world!! MIKN is located in
VEGAS, this could be the play or some other Gaming Company. AGTI has released no
info to the contrary. Tight lipped which is mandatory during merger/acquasition
negotiations!! Some employees are not being paid, so why are they still working?? Pot
of gold at the end of the Rainbow, maybe. AGTI has made business connections
through out the US and the World. Has patents on great products and technology.
JMHO's, does this make any sense to you???.
To: rockets (3716 )
From: *ROSARIO*
Friday, Aug 14 1998 2:09PM ET
Reply # of 3914
It will and when it does It will be hard to catch. 90% of the investors left after AGTI lost
95% of its value. They are coming back in force on a daily basis. Over 6 million shares
traded already, average volume is less than 100K per day. ** 90% buys today!!! This
has been going on for a week!!! The huge volumes usually proceeds a news release on
a merger, acquasition, or and or financing. JMHO!! Good Luck
To: Frank Brisebois (3722 )
From: *ROSARIO*
Friday, Aug 14 1998 8:10PM ET
Reply # of 3914
AGTI is up 20% in two days. Hit a low of 1 cent on Wed., closed at 1.2 cents today.
We will see huge volumes again next week with a steady increase in stock price.
Looking for a spike when deal is announced. JMHO. Good Luck
To: dls david (3728 ) (Trial Member)
From: *ROSARIO*
Saturday, Aug 15 1998 8:43AM ET
Reply # of 3914
You may just see 50 cents real soon. For the last week AGTI has been trading huge
volumes of shares. Friday's action equated to about $82,000 in stock transactions, not
alot, however when the norm has been about 100,000 shares per day or $1,200, you
can see that buyers have started coming back in for a good reason,. This action has only
begun for the last 6 trading days. Fridays volume of 6.8 million shares is a record in
volume for AGTI, post split. Owning 100,000 shares now is the equivalent of owning
400,000 shares pre split. JMHO Good Luck
To: Katz R Us (3725 )
From: *ROSARIO*
Saturday, Aug 15 1998 8:49AM ET
Reply # of 3914
If you buy 800,000 shares, it will cost you $9,600 if you can still buy at 1.2 cents. 75
cents per share would put $600,000 dollars in your pocket!! Nice play, and its going to
happen. JMHO Peace
To: isoman (3765 )
From: *ROSARIO*
Sunday, Aug 16 1998 5:09AM ET
Reply # of 3914
AWESOME DD, Mr. Isoman!!! Thanks for the info!!!
To: Jerome Hay (3764 )
From: *ROSARIO*
Sunday, Aug 16 1998 5:08AM ET
Reply # of 3914
Excellent Points!!! Investors that got in Big this past week may be able to retire this
week!!! JMHO, Good Luck!!!
AGTI is now trading at .005 after filing chapter 11. I imagine Rosy Posy didn't hold until .005, but it is a distinct possibility. |
