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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jon Scott who wrote (13807)	3/26/1999 10:21:00 PM
From: Rande Is	Respond to of 25711

Thanks for the blessing, Jon. . . . For clarity, I don't go around looking for one day 10 or 20 baggers. I look for companies that have tremendous potential or are greatly undervalued. The fact that many of them do achieve enormous gains is great, especially when they stay there. I got rid of some BAMM today from a family member's account to average up on ARTT, that I bought near 10 this week [picked under 8, hit 13.25 today]. I sold the BAMM all the way down at it's recent low of 10 dollars. . . terrible, huh? Well, considering the shares cost 2.60 originally, it wasn't all that bad a trade. Most of them were sold at about 37 per share. So I buy for the long term, but often reap near-term rewards. In the case of BYBI with a PE of 6, 2 year history of increasing SSS and earnings due next week or so . . . we shall see. Not bad for a penny stock. Thanks again for the support. Rande Is