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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (3344)1/6/1999 7:55:00 PM
From: Provocateur  Respond to of 56535
 
ASCT

Took profit on it last week, but still watching. If it drops any further (low $3s), I will seriously consider taking a position. Partially for the rumor potential, but more so for the rolling nature of the stock (back to over $4 on decent volume). Feels like they are walking it down again on low volume.

Prov



To: Trader J who wrote (3344)1/6/1999 11:09:00 PM
From: Buddy Smellgood  Read Replies (1) | Respond to of 56535
 
asct: patience:

Now how long have we been holding this really? This would be the perfect time to let it go and see it take off without us.

I can see letting some go to trade elsewhere if you have a large position, but let me say that in my short time trading, my mistakes have been largely in patience.

If I had just held Mall and DBCC, I'd be doing great right now. I wouldn't have learned nearly as much, but I do think this deserves time. Deals don't happen overnight...or do they?

Buddy