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i_like_bb_stock

12/11/03 3:05 PM

#53560 RE: db7 #53557

db7: depends on the play, 100K is good for starters, depends on how much $$$ you have to play with also.
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MartyMan

12/11/03 3:08 PM

#53561 RE: db7 #53557

Prolly depends on the individual (how much $ you want to risk) and on the volume (usually tough to sell millions)... I like to get 100k blocks
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Fingaz

12/11/03 3:20 PM

#53568 RE: db7 #53557

rollin, also make sure to leave yourself a little extra money to average down or up, if needed. Using all of your money to buy all of the shares at one time isn't always the best method. If you think the price is near the bottom, start out with 100K. If it goes up, wonderful, you just made some mulah. If it goes down, but the volume/indicators are still strong, buy another 100K when it settles. You would have to be very lucky to get in at the absolute bottom and out at the absolute high, so averaging in and out is good to practice. Of course, when you get better and more comfortable, you can do it in 200K blocks, or whatever works for you.