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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (5880)	1/26/1999 4:00:00 PM
From: James Clarke	Respond to of 78480

I traded PSO for a point or two twice. That makes about 3 points on a $6 stock. I'll take that. Why doesn't that sound like me? If I start getting that predictable, I'm doing something wrong. You will find I sell with a hairtrigger target in some cases but very reluctantly in others. I have no desire to roundtrip a low quality business like PSO over and over again if I can make the same money two or three times. If the thing takes a moonshot to 15, I won't complain because that was not why I bought it. I would be satisfied with the no-risk 30% I had targeted. And I at least think I stated publicly that I was out of the stock if that's what you're getting at - I try not to recommend a stock and then leaving people hanging long after I'm gone - in this kind of forum it can be tough though. JJC