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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (7609)	5/26/1999 11:07:00 AM
From: KevinThompson	Read Replies (3) \| Respond to of 57584

Ya, I was holding PTEK to from around 19 with hopes that it would turn around. But sold yesterday around 15 1/2. Right after I sold, I wasn't sure if it was the right move - sure looks like it was now. Rande made a comment that he is expecting the shorts to remain in control of that one and that its true value (which I do not question) will not be appreciated until it reaches single digits. A shame actually. Another one that has just astounded me is VDAT. I am so glad I didn't jump back in prematurely. It has dropped like a rock and I suspect for much the same reason - shorts in control. There is absolutely no rational reason for it getting a $10+ haircut in two days. Shocked me. Just glad I wasn't holding it. My biggest difficulty with trading is getting out of the trade, whether with gains or with losses, just a toughy for me. But I'm learning. Best Regards, KevinT