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Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (3436)3/11/1999 4:02:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
We have some awards to hand out here....

EPAY - a 50% Gain In A Value Tech Stock in less than 30 days! Bought on IPO day at 19 5/8, closed at 29 3/4 on Wednesday. Just got some Buy recommendations with a target of $45. Still a good buy here for the long term. I am holding my shares.

VRIO - blew right past 50% to become a 70% Gain In A Value Tech Stock! We started playing this one back at 28; closed at 48 on Wednesday. This really is a bucking bronco. If you plan to get in at this level watch it closely and be ready for swings. I still have half my original shares plus April 45 call options bought yesterday morning (already a 4-bagger there).

CMGI - this one crossed the 50% threshold more than once since I first started playing it in early December. I sold half my shares at 210 the other day. Earnings are out today after the close. Look for some wild swings intra-day as the market decides whether it will run on good earnings and a split announcement.

I still hold half my shares, plus I hedged with March 150 puts. I think the key is whether they announce another split (they have enough shares approved for a 2-1).

Good luck everyone.