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To: Mark Woolfson who wrote (583)1/6/1999 10:04:00 PM
From: G.J. (Hijacked)  Read Replies (1) | Respond to of 825
 
That is not how I work it out.

The actions I did when I bought the 5000 shares at .9, sold them at .81 and bought them back at .7 is equivalent to buying 10,000 shares at an avg price of 0.8 (=(.9 +.7)/2)and then selling 5000 at .81. So I actually MADE a 50$ profit while still having the original 5000 shares.

I believe that at times it is better to go for those small hits. Just a question of knowing when is a "good" time to get out of it. Personally, I sell when the stock begins to fall after a good run up.

That is what insiders do as well. We should all take examples from them.

I am almost certain that the stock wend back down once it came known that high placed isiders began to sell (i.e. Nesbit selling on Monday)