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 : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Jon Scott who wrote (112)	2/24/1999 1:01:00 AM
From: Mike Sawyer	Read Replies (2) \| Respond to of 19256

Excuse me...may I say something here. Jon appears to have started this thread so that he can get others to buy stocks he's buying. No doubt he will also be buying stocks that others lead him to. That's also why most of us are here...we all like to buy stocks that others are also buying. Now if somebody does not like the fact that Jon or any other people post stocks that they are interested in then they would probably be more comfortable if they did not read this thread. Personally I enjoy reading stock picks from people with a good track record. Many times I am alerted to a momentum play that I was not aware of. AXC is a good example...I knew nothing about it until Jon posted it as a stock he was holding. I viewed the chart, made an analysis and watched the opening on Monday to see if support held. It was strong at the open so I bought in. Over the next hour the stock ran about 1/2 a point from my entry. I sold netting 7/16. I reentered near the close expecting a good opening today. I sold this morning netting 5/16 for a two day total of 3/4 on 1,000 shares. That's about 25% on my original investment in less than 48 hours. I'm not tooting my horn and I'm sure not tooting Jon's...I'm just saying that many of us poor slobs like to help each other make a few bucks. If the rich wallstreet tycoons don't like it then they can start their own anti-stock-picking-thread and see how many people hang out with them. Cheers! Mike