SI
SI
discoversearch

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.
Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?


To: Wayne J. who wrote (5045)1/24/1999 10:06:00 PM
From: Rebel  Read Replies (1) | Respond to of 9824
 
I've wondered about that too. It's been used on other threads and
I also don't know what it means.



To: Wayne J. who wrote (5045)1/24/1999 10:13:00 PM
From: WHITEAGLE  Read Replies (2) | Respond to of 9824
 
BTS- ing = A method of trading stocks where basically you buy a number of shares of a given stock and then sell a portion of those shares to receive either a portion or all of the remainder of shares for free. (Based on its price increase.) Classic BTS-ing is to sell half and keep the other half for free. (It being a double ... 2 bagger)

Since TNRG keeps going up it is somewhat harder to do. But that is fine with me because I keep accumulating free shares on the dips and peaks and am holding a larger chunk for the stock spin-off and can wait for its price to climb to a higher sell price more reflective of what I believe is TNRG's true value, considering all of their numerous ventures and holdings.

George



To: Wayne J. who wrote (5045)1/24/1999 10:40:00 PM
From: ISOMAN  Respond to of 9824
 
People try to buy a stock and sell half when IT doubles.

Not a very stable system in my opinion.



To: Wayne J. who wrote (5045)1/24/1999 11:31:00 PM
From: grw5  Respond to of 9824
 
BTS - Bard's Trading System
It was a term used originated by Gary Swancey (aka:Gabard - the Georgia Bard). Basically, what has been said already is correct and BTSing is generally used on the threads to mean taking out your original investment capitol as soon as a stock doubles. However, the complete system is much more complicated and involves many other things besides what has been mentioned here.

Gary is still lurking around some of the threads, but does not post much anymore for a variety of reasons. If you are really interested in finding out more, I suggest that you hunt him up and visit with him.

Best of luck,
George