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


To: Trader J who wrote (6937)1/30/1999 1:27:00 PM
From: Jon K.  Read Replies (1) | Respond to of 56535
 
TJ, thanks for your reply.

The last one I posted sounds a bit negative but I tried to write my honest feeling, nothing more or nothing less.

I am in PRFM 1k at just under $13 and 1k more at $12 1/4. This is the largest position in my portfolio right now.

Since I did not do any DD in this company and just jumped in with this thread's recommendation and watching your huge positon. When the stock price fell it was a natural tendency as a human being wanting to blame somebody. (Which I blamed myself for not doing my homework, not this thread - but some doubts lingered)

The doubt: while you are recommending this stock Anthony was calling to short (which I did not know until someone posted in this thread).
Outsider looking in, he could doubt this as - while one was hyping a stock the other one is shoring and make money. A classical case.

But after you post your phone conversation with Anthony, I could FEEL your sincere attitude and I feel I can trust you more now. (It takes a long time to build a trust especially when the money is involved)

I know my last post sounds very negative, but I was trying to prepare for the worst scenario. That's just my personal opinion, and I asked for other's game plan. We could pick the best game plan. If you think ahead and act according to your plan, it usually brings the better results. (I get too emotional during the actual trading hours)

Jon