AI
Wednesday, September 21, 2022 3:42:17 PM
Hi Tom!
It's been so long since I read your archived bit on LD-AIM, I had to reread it!
Anyway, you correctly wrote that 'The downside is that one can sell out of a holding that has begun a very long and profitable price appreciation'.
I just want to clarify that since I have been running LD-AIM, very few holdings have 'Sold Out'.
Only 1 (HOME) did not have intervening Buys.
1st Program bought @ $5.00, Sold @ $5.82, $6.42, $7.07, $7.84, and $8.56. It only took 3 Weeks!! 40% Profit of $1,996.
3 months later, the price dropped to $5.46, so I started a 2nd LD-AIM program on it. 18 months, 9 Buys and 18 Sells later, it sold out of actual shares for a profit of 62%, $14,016.
3rd Program lasted 6 months before the company went private. +25%, $18,67.
Most programs ended due to Acquisition (eg: SNDK, YHOO, CREE, etc)
And a few due to bankruptcy early on (Hopefully I pick them better now).
It's been so long since I read your archived bit on LD-AIM, I had to reread it!
Anyway, you correctly wrote that 'The downside is that one can sell out of a holding that has begun a very long and profitable price appreciation'.
I just want to clarify that since I have been running LD-AIM, very few holdings have 'Sold Out'.
Only 1 (HOME) did not have intervening Buys.
1st Program bought @ $5.00, Sold @ $5.82, $6.42, $7.07, $7.84, and $8.56. It only took 3 Weeks!! 40% Profit of $1,996.
3 months later, the price dropped to $5.46, so I started a 2nd LD-AIM program on it. 18 months, 9 Buys and 18 Sells later, it sold out of actual shares for a profit of 62%, $14,016.
3rd Program lasted 6 months before the company went private. +25%, $18,67.
Most programs ended due to Acquisition (eg: SNDK, YHOO, CREE, etc)
And a few due to bankruptcy early on (Hopefully I pick them better now).
Best Regards, Steve (The Grabber)
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