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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (4695)2/27/1999 10:30:00 AM
From: Wayne Rumball  Respond to of 12872
 
I never understood that, averaging down, buying on the dips, buying more on the way up...

I see a stock and I say "OK I'll risk X$ on that one" and that's it.

Once in a while there are exceptions. Only 2 I can remember out of all the stocks I've gone through in the last 3 months, MLRE and IHWY.

Quadrupled my position in MLRE and doubled on IHWY.

MLRE because I managed to convince myself it would head to 20 and IHWY because I could not believe what I was seeing on the trading. BUY BUY BUY BUY BUY BUY.............SELL, BUY< BUY BUY.........BUY.....BUY.....BUY....sell

Haven't seen anything like that since that stock lance found on news at what .50 and it ran over 2 when MM's finally let it go.

The name alone could send it to double digits, but I would not recommend buying now. Incredible volume for an unknown stock.

Monday could be difficult, all those $4 buyers will be looking for an exit now. When they clear out it should be smooth sailing.