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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?


To: Trader X who wrote (16188)2/11/1999 6:31:00 AM
From: Andrew Vance  Read Replies (1) | Respond to of 17305
 
*AV* -- we had a $12 LLT on WAVX from the newsletter which triggered the exit. You and I discussed this stocks and you had a lower price than I had so I decided to follow this down to the bottom and look for the uptick. The position is small but with it closing at $9, I have a LLT inplace at $8.50 just in case. Autopilot with autolock of profits.

I think they were over sold in this last few days of market mayhem. Same holds true for BCST that we were watching for an entry at $120 or below. We waited and waited and finally today in dropped to $101.50 before turning, what seemed to be a corner. Entry at $110 looked good since it hit that level a few times. So, in for the ride.

We had a sub $60 entry for UBID but most of us did not act on it, even though it dipped to $54 intr-day.

for the most part we are being defensive and picking specific stocks that we have previous targeted and determined entry prices. Patience is paying off.

AV



To: Trader X who wrote (16188)2/11/1999 5:45:00 PM
From: Daniel Pomp  Read Replies (2) | Respond to of 17305
 
**Wavx**

I have not checked into Stock Swap for quite some time.

TraderX - you helped me make money a while back with PIXR,
CHSE, MRVC and a few others. Thanks.

I was pleasantly surprised to see WAVX as a topic of conversation.
My first purchase of WAVX was in December, 1996 based on a tip
that was posted on the predecessor of this board,
Shaun Murphy's Stock Picks (?) thread.

I would like to go back to the archives and see who made that tip.
Does anyone know how to do this?

In any case, I was fortunate to buy a lot of WAVX
just after the delisting back in 1997.
I am keeping 50% of my holdings long term,
and have now traded the other half three times.
So far so good, which is lucky since I am not a very good trader.

Cheers,
Daniel