GREY:PENFF - Post by User
Comment by
briton Sep 07, 2004 5:03pm
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Post# 7892908
RE: Insider trading...
RE: Insider trading...Hey Thef,
LOL is right. NovaDX sure proves it's not a perfect world. Fortunately I was able to benefit from the tax loss there, and haven't looked back.
Come to think of it, that's not quite true. ITM was touted to me by a friend, and it vaporized also.
However I follow Kaiser's philosophy, which has always worked very well for me. Out of every 5 stocks I buy, if one is a dud, two stagnate, one gives me a 2-3 bagger, and one a home-run (10 bagger), then I consider the exercise a reasonable success.
The biggest improvement I've made is in the timing of my entry and exit points, but this requires constant fine tuning, since we're dealing with a dynamic that is best described as a moving target.
Cheers,
Brit