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Pastimes : Techride -- Ignore unavailable to you. Want to Upgrade?


To: BomboochaBoy who wrote (504)3/22/1999 8:02:00 PM
From: Blue Snowshoe  Read Replies (1) | Respond to of 7442
 
Numbers: SI post 8,460,553, HyperMart Small Business members: 169,011. GNET UP 33 13/16 @ 151 1/16. 909 BLUE



To: BomboochaBoy who wrote (504)3/22/1999 9:13:00 PM
From: Joana Tides  Read Replies (1) | Respond to of 7442
 
Howdy Paul, great to see your Good News and your post again - and as you're pining for a lady from afar just got to tell you as one who has been both the piner and the pinee in love and in stocks...Same/Same... "Where there's a will, there's a way". Lemmetellya here's how I bought more GNET when I wanted it before you must serenade their Headquarters by the light of the silvery moon. When 100 shares of AOL split for me twice, and some penny stock profits got me some more; then that rise again, and so to me, holy mackal that's alot of money in one place and a conservative side got me nervous to see that. Besides, I wanted GNET and another stock I forget which. So I sold off some AOL shares and bought some (more) shares of GNET as it was happening bigtime. It was a bit cheaper than AOL, unlike now. Then, a little later, I sold some GNET to buy more AOL. And then sold that (not all) AOL to get more GNET around the split, and back again as GNET and AOL split on the same day. And another time or two after that, too, after the split, til "It" was over. Big-money blocks aren't necessary to buy stocks; so also bought just a few shares (sometimes like 20) of some other Co.s too, or new pennynet momentums, with the shaggy tops of the money from these AOL/GNET trades and also from pennystocks profits that were topping at that time (Nov/Dec/Jan).
Now, maybe AOL and GNET got a little dance going together again, they sure were today as so many other stocks were laying low. They seem to race each other sometimes lately just to see who is hotter stuff like a One To One The Champ vs. The New Kid. Anyway, getting a foot in the door when I pine for a stock, so then it's easier to watch it and plan if/what to do next with it...eases the tension somewhat.
So IMHO just a few shares of a stock that looks good is safe as long as there's still room to grow (judgement call). Sometimes stocks at their alltime high (like GNET) have as much or more room than something that's low because it's just lagging after a split. If it drops for market reasons afterward, it's a good opportunity to grow the holding and average the basis down. For me, to hold even just a few is the only way I'm able to get in tune with it.
So, that's the GNET/AOL story, and noticed other times some stocks can get into a mutual holding pattern. CPQ/DELL have been longtimers famous for this, and MRK/PFE/BMY can get into it too. Some others, noticeable for a week and then it never happens again. I find personalizing my stockmarket adventures more fun than calling it what it more likely is; either a coincidence that keeps happening more often than not, similar types of investors gravitating to the same types of stocks, or a statistical anomaly. But it's a thing to notice, as it happens.
909,
Joan



To: BomboochaBoy who wrote (504)3/22/1999 9:13:00 PM
From: Blue Snowshoe  Respond to of 7442
 
The strange art of making 909ers while tying to lose money. So I'm up "a few" percent YTD and it is time to have some fun. Joan knows what I'm talking about but it comes down to this, would you rather pay taxes or go on a Techride?
1) First make a disgusting amount of profits.
2) Search for a TYPE II internet company that is in trouble. One that has been beat up, kicked around, BILLY JACKED, over sold and forgotten.
3) Now use your vision. First question? Product, what do they do? How good is their product? The problems they have, will they last forever, can they be fixed? Will this company be a M/A target at these low prices?
4) Is the upside at least a double 909er?
5) Buy lots of shares for cheap. If it pops, you got a double 909er. If it flops, it is a tax write off and you went on a Techride, how fun.
Now as I've said before, since so many people try to make money in this market and lose it, then it is common sense that sometimes when you try to lose money, you make it. Betting on a TYPE II internet can lose you money or.........
What this profits/TYPE II thing is, is a lower risk method to play high risk internet stocks. The TYPE II internet I just bought is being sued so the stock is getting hammered. The selling IMO is now overdone. I don't care who sues, almost all companies get sued sooner or later. Unless Johnny Cockran is after them I'm not worried at this price.
This company should hire Johnny to defend them, "Who's selling shares on the QT, you?, me?, everybody? are we gonna point a finger at these men that are building the very internet company that one day may save the world. Why dis is a an outrage. Stock manipulation, flipulation, let's stop all dis jirations and do what is best for da nation. Dis don't fit, so you must aquit. And by the way, did I say your Honor is a handsome man, he is, isn't your Honor a handsome man?"

909ers, In search of Johnny, BLUE