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Re: vip1999 post# 3239

Thursday, 05/19/2005 5:12:58 PM

Thursday, May 19, 2005 5:12:58 PM

Post# of 24183
I trade GTEL both short, swing and long. So, I have shares that are in Roth I don't touch unless I see a big spike and anticipate a pullback (wish I saw the last one coming). I try to swing in and out with the other half of my total position. Just like others, I have a fear that price will drop (like a brick) after the move. But it is only that. Fear of the unknown.

As a long holder I ease that fear by remembering the potential of the company(not just the strat project), the exposure coming, the profitability around the corner etc...

As a swing looking for quicker profit, I am keeping one foot on each side. I have half of the total shares I will play with already in my brokerage acct. that I will sell if it drops a certain % just like normal. I have powder ready to buy the other half in case (I'm sure it will be too tempting not to) I see a buy opp.

So....I'm in halfway already if it runs and can get in the rest and I am ready to sell also. What types of TA behaviors are common initially when a company moves to a new exchange? I don't know. The r/s I think will come in to play also. I am hoping that increase demand plus less supply equals higher price! Good luck to you.

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