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mschere

01/31/03 10:44 AM

#6533 RE: ciciagt #6522

OT:Money management 101 test..If one has 50,000 shares of a stock that is currently selling at $20..Would he leave his heirs a larger estate if he had to pay $25 for the next 1,000 shares or $15 for the next 1,000 shares?

mschere
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ams13sag

01/31/03 1:23 PM

#6579 RE: ciciagt #6522

CICI.

No really. I sold 10k out of 50k at above $15, now I am buying back. So far have only managed to buy back 1k. Having been in this share for quite some time, generally certain trends happen, such as insider selling, certain posters acting in a certain way etc. These are all sell signals to me, and to date by following these signals I have been able to average down and accumulate additional shares at very little cost. I do however retain a hard and increasing core at all times, just in case the management actually get something right.

AMS