To: tech101 who wrote (2052 ) 11/26/1998 12:17:00 AM From: MoonBrother Read Replies (4) | Respond to of 4710
Hi all, by now you've probably noticed that CATP went up more than $2, or 12% today!!! I appreciate many people on this board who know my track record defended my comments on CATP. I also understand that couple people don't care CATP that much. Well, it's a free world, people have their own beliefs. They are certainly entitled to share their thoughts with others. They also have the rights not trusting or caring about the comments from any other people. As you might have noticed, since about 6 weeks ago when we had lots of fun with VTSS, I've took profits on VTSS, and moved to NANO, and now to CATP. In each situation, I did thorough research and put up strong recommendations to the stocks. I shared the analysts' comments with people in these threads, and put up my own thoughts and feelings. In the meantime, I've also traded AMZN, LCOS, COOL, AMAT and others and shared my thoughts with people on those threads. Turned out that my calls to VTSS, NANO and other stocks were all correct, and now CATP has just started to move into the direction I was predicting in my previous note. My strategy is this, I do tons of research to find a good candidate, hoping to get at least 30% gain in less than a month. Once I find one, I would buy 3 ~ 5 times of the shares that I want to hold. As soon as my target is accomplished, I will sell 80% of those shares, keep the rest for long term growth. I will then try to find another stock and do it all over again. You can tell that, as long as my 30% gain target is accomplished, I can always get all my initial investment out and still keep 1/5 of the shares as a long term holdings. So far this strategy has been working very well for me. So what's next about VTSS? My view of VTSS has not changed even a tiny bit since 6 weeks ago! In fact, if somehow VTSS dips back to $18 as we experienced back 6 weeks ago, I would buy twice as much as the shares I own then. Now that VTSS is at $38, I think it still has room to move up to $45 in next 3 months, as long as the whole market sentiment is still positive. But near term, I do see a little bit of consolidation going on within the group. This affects all the stocks, including VTSS, AMCC, LEVL and others. Hope everyone makes money on whatever you invest! MB BTW, you are welcome to CATP thread to read my comments about it there. I also mentioned my next possible candidate there.