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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: J Boynton who wrote (767)12/2/1998 10:49:00 PM
From: LANCE B  Read Replies (2) | Respond to of 11130
 
what price did you buy at........i am just
curious...this stock ran into the .09 range
and you did not sell any........only problem i have is that
it takes 10 millions shares to bust loose,and then you will be competing
with everyone else to sell what stock falls.....that is sort of the
profit taking you saw today.....and it gets harder to move as more
daytraders get in.....you have at least 20 million shares from people
that bought last time it ran months ago waiting to dump when stock hits double digits........just trying to give the facts......
do not get too greedy,and i hope you get another chance to rethink what profit percentage you want....