Non-Tech : Wit Capital - The way of the future?


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To: BarbaraT who wrote (16313)8/2/2000 8:54:03 PM
From: rdmsqitoRead Replies (1) of 16809
 
Just out of curiosity Barbara, why are you still holding them? You could have gotten out of LNTY in the green, even IGOC(though that was a loser from the start). ETIN came at a bad time, you can't win them all. And you must have known the risk you were taking with AWE's huge float, although it isn't doing that bad and may be all right longer term. Same with GENU. Personally, I'm looking for an exit as soon as 60 days are up unless performance has been very strong. I took 1/2 point losses on WWFE and MDRX after 60 days, both of which went up later on, but better to take the small loss then watch them drown. JMO. If the stock ain't moving after 60 days then it's not worth tying up your capital.
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