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Microcap & Penny Stocks : Securities Resolution Advisors, Inc (PAID) -- Ignore unavailable to you. Want to Upgrade?


To: LANCE B who wrote (91)1/23/1999 11:26:00 PM
From: MaryinRed  Respond to of 135
 
You too....and may you wake up on Monday....look at SRAD....up to something absurdly high...and cash in!! (before it slides! sigh)..

I understand the compulsion...to jump on these penny stocks...and ride the momentum....that's cool...but tricky! Timing is really critical...because if you don't get out before the "players finish and start to move out"....there may not be that window...of "profit"...

But you know to use...caution...and you study these things...I'm not worried about you....

as they say..."you can't win them all"....but it's good to keep a positive attitude....and realize...that most of "us" are trying to help each other.....state the facts....and not slam...or point fingers...

it is just another "information bit"....in this stream of "researching stocks before we plow our money in"....

I do what I can.....the market has been very good to me...now I am basically sitting on what I have....not making moves.....while the "excitement calms down" a bit...

By the way....I almost bought QWST.....it looks like a great pick! has real potential long term...

take care...Mary



To: LANCE B who wrote (91)1/26/1999 10:41:00 AM
From: MaryinRed  Read Replies (2) | Respond to of 135
 
Hi Lance...Here is a sample of the kinds of trades I make.

Athm is buying XCIT....

ATHM is giving 1.04 share of ATHM for each XCIT share.

Well, I currently hold 500 shares of ATHM....hmmmmm...

ATHM is at $110.5, Xcit is at $99
Shares New Price
Athm 500 110 1/2 55,250
Excit 558 99 $55,250


Breakeven 115
Spread 16
16.1%

Buy 560 XCIT @ 99 $55,440

Then sell 500 ATHM at 110.5

End up with just over 582 (and a little cash) shares of Athm(since each share of Xcit =1.04 ATHM)

and since I converted my IRA totally to Roth back in September when it was low low low.....( now up over 100% since I did that..yippee) and that's where my ATHM resides....no tax consequences.....just my lil ole negotiated MSDW commission.

capiche?

so...I can't get overly excited about my $500 loss on LCSG...hey....one takes lessons where one finds them.....not bitter...just getting better...at all this...a day at a time!!

smile......mary