Replies to post #75 on Genesis Semiconductor (GNSS)

[OldAIMGuy]

Hi Peter,
PS: I'll be making my next sale of GNSS shares at about $28.50. That will lessen the burden by about 12% of my current position.

Best regards, Tom

[Peter D]

It is not a thing about the penalty box. Everyone wants my money. Few receive it. As I think I said, this is the only subject on any stock in my trading portfolio. I did not check tax favored or accumulation portfolios. Those I don't mess with much.

GNSS has been good to me. When a small analysis firm upgraded them to buy, a little research made it look attractive. So I bought a large chunk. I actually invested a full share under the Buffet theory of hold 8 stocks. When it popped a couple bucks I sold half. It never traded low enough to make me want to buy back in. I sold more and will play around this level. If it falls down there are some taken profits. If it goes up, there is some to sell.

You will have to explain the technical analysis par of that. It has been too long since school. I look at financials and for my gambling watch charts.

I have been in and out of eBay a few ties, every time for a nice profit of late. I just bought back in today. It was probably only off 15%, but I think it has some nice upside potential.

BTW - They let me out of the small penalty box, I now have 15 posts per day. At that rate, I'll never catch Zeev. ;-)