Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : CNSI Cambridge Neuroscience -- Ignore unavailable to you. Want to Upgrade?

To: Steven Messina,L.M.T. who wrote (455)	12/22/1998 12:53:00 PM
From: Mike McFarland	Respond to of 675

Ouch, hope your total loss dollarwise wasn't so bad. I'm buying my last few thousand shares here just below a buck. I thought for sure that 1 1/4 was the bottom yesterday, geeze. Something like 2 grand down the toilet for me, of course, it doesn't really matter if you dont take the losses, just where you sell later on. Now just as long as I dont get stopped out I'll be okay. Have not yet figured out exactly where that point is for me...averaged in at 1 3/16ths I think, so somthing like 3/4ths probably, yikes--one bad day for biotechs in general and that could happen easy. Of course I just do mental stops, but same difference. I think I'll shut off my machine and go Christmas shopping now...losses in cnsi pretty much erased gains I've taken in the last week. Oh well, like I said, I'm not willing to lock any losses in, and am still buying. --MM

To: Steven Messina,L.M.T. who wrote (455)	12/22/1998 4:41:00 PM
From: DablocTrader	Read Replies (3) \| Respond to of 675

Steven, I couldn't pull the trigger and take the loss today... but if I did, I would have taken that same over 50% loss. This was a real fooler, and some of us jumped thinking we had found a good low priced stock that was ready to explode on the news. Boy were we dumb! I'm still holding, but hope this doesn't become a long term hold. Debating about "averaging down", (which almost never works!) and buying at this price. PS: 1st time responding to anything on this board - it sure looked like one that I'd like to be involved with, but now not so sure.... Happy Holiday y'all. DablocTrader