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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (11351)	12/15/1998 2:27:00 PM
From: LTK007	Respond to of 29382

I got 34 negative now DD---and also I post to say that I bought a nibble on MEDA at 3.82 and of special note so people can see if ticker lied or told truth,I sold my PQT at a 1.3k loss as this is the BIG day regards PQT--a special shareholders meeting--and between 1:15 and 2:00 I saw about 20 transactions go through at bid(none at ask) with a several 5k blocks and a couple 10k blocks--so I bailed--my reasoning is this--always play the percentages--the ticker was telling me things are not going well,the downside here is being stuck with a penny stock(the company had said that unless they could approval of a financing deal they would be in deep trouble)--the upside was,they get finance approval and then announce a big portal deal,and stock runs to 5---I weigh the percentages,decide to go with the ticker and it's indication--and take a 1.3k loss---again,just playing the percentages--I am never afraid to take a loss like this as you can make it back very fast--so I am now roughly 90% cash.Max