InvestorsHub Logo

Tony Oz

03/30/01 2:59 AM

#14 RE: turnaround #9

Thanks for the contribution turnaround.

I have a few religious trading rules I'd be breaking if I was to even consider looking at RMAG as a candidate.

1. I don't trade stocks which are not traded on either the Nasdaq (no small caps) and NYSE. I won't even touch a stock on the AMEX unless it is an ETF (Exchange Traded Fund such as DIA, SPY, QQQ, and the Holders).

2. I don't trade stocks which cannot be shorted I.e. no IPOS and no stocks under $5.00.

3. I don't trade stocks which trade less than 350,000 shares a day on average.

Because of these three rules, I can't give you an opinion about the RMAG. It seems like you did a lot of work to put your post together, and I thank you for that. However, I don't break these religious trading rules. I appreciate that you disclosed that you are long the stock, and I think your post is put together in very good taste. Please feel free to contribute to this thread as your posts may be very valuable to traders on this board.

Trade Smart!