Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Joseph Lee who wrote (7330)	2/2/1999 12:34:00 PM
From: Trader J	Respond to of 56535

Joseph - I got out luckily with a profit at 10 3/8. Others were not that lucky. No one could have guessed that the shorts were going to jump on and that the CFO would resign....just dumb luck. I picked up more at 7 3/4 for a bounce but it became obvious that this stock is damaged and may not bounce any time soon. Of course, it may but I am not betting on it. You are correct, sell and move on to the next. Too many good issues out there with stories that will move their respective issues, like NAVR. You must, if all else fails learn from these items, we all had an opportunity to take our 13 1/2 and move on. I was very close but never pulled the trigger....a very good lesson. It never hurts to sell too early. Don't let the insulting posts and bashing that is now going on here disturb you or change your discipline in any way. Be true to yourself and YOUR disciplines. Good luck and thanks for the note. Tj