A.I.M. Users Bulletin Board

[SFSecurity]

Hi Gang, Two things. EMMD is back from its recent bottom of $0.051 and closed today at $0.29, a mere 568.63% in 3 market days. It would make a perfect Pocket Change position if it didn't scare the s#$% out of me. Let's see 10,000 share would cost $510 plus commission and would have brought in ~$1900 net if you sold it all. Not bad.

If one had done a strict AIM approach starting back in November last year, only a bit over 6 months, starting with only $1,000, 50% cash, you'd only make 299% with $500 minimum trade, 10% buy safe, 0% sell safe and 10% stock minimum sale using Good To Cancelled orders.

Had you started a week ago you'd have made 137%. Not bad at all.

But, in a way it points out a potential limitation of actually placing a good till canceled order, huge volatility can cause you to buy or sell before the low/high points, which is my second point. I was playing with options, just to see how it might go, and I had set a paper trade of AMD for buying 4 more options at $3.00 but it actually dropped to $2.53. On paper I got in at $2.65. Had I been trading real money with a GTC order I would have paid $1200. But by only having the figure in my head I would have paid $1060, more than 10% better.

Best,

Allen

May it always rain hard in your world only when you are sleeping.