Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Docc
Date: Sat, 27 Jul 2002 17:43:21 -0400
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I generally only buy stocks where I can articulate a reason for it to =
double in 12 to 18 months. That is my preliminary goal, but I try to let =
the stock tell me where it is willing to go to before I sell.
- ----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Saturday, July 27, 2002 3:41 PM
Subject: Re: [CANSLIM] Docc
Tom=20
I understood you to say that you were selling out when you are ahead =
%100 Thus I concluded that you would probably be selling out when DOCC =
appreciated to 12.78 (double your buyimg price). I guess I missed =
something in your message. In any event it's pretty clear that you made =
a great buy. Personally, I don't worry about taxes since I trade =
tax-free in a Roth IRA. Thus, a 20% gain to me is totally tax free.
----- Original Message -----=20
From: Tom Worley=20
To: canslim@lists.xmission.com=20
Sent: Saturday, July 27, 2002 2:19 PM
Subject: Re: [CANSLIM] Docc
don't understand your point Donald. Why should I be selling next week? =
I prefer to hold for long term capital gains, but will ultimately sell =
when the stock tells me I should (unless I get stubborn, but then that's =
my fault).
----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Saturday, July 27, 2002 8:58 AM
Subject: Re: [CANSLIM] Docc
Tom -It looks like you've made a more timely pick - congrats.. I =
guess you will be selling early next week. I bought in at $10.20 on =
7/22. So, I 'm ahead by about %20 at this juncture. Ordinarily, I =
would be selling next week to lock in that gain, but when a stock gives =
me that kind of action in one week there is usually more to come, =
especially when a couple of heavy hitters step in as they did =
yesterday.-Maybe you should be thinking of hanging in there for awhile-
--- Original Message -----=20
From: Tom Worley=20
To: canslim@lists.xmission.com=20
Sent: Saturday, July 27, 2002 12:44 AM
Subject: Re: [CANSLIM] Docc
nice pick, Donald, I have owned it since 1/30/02 from $6.49. DOCC is =
my lone remaining sterling gem in my portfolios, rest either have =
crashed and burned, or have not given me nearly the 100% gain I seek in =
a year.
In answer to your earlier emails, I do not post my personal picks =
since I deviate so far from mainstream CANSLIM by concentrating on small =
and micro cap stocks, of which this is one. It is a good example of how =
money can be made on the long side when you are right, even in such a =
dismal market. It is also a good example of how a "big" winner (and I =
consider a 92% gain in six months a winner in ANY "M") can be held long =
term. However, because this is a micro cap stock, and with only 7.9 =
million shares in the float, it can be very volatile. I have been lucky =
with this one, as I bought it in the late January base and trusted it to =
b/o (breakout) eventually. And since the b/o it has risen steadily, so =
never gave me reason to sell it.
I do not see any cup in this chart as you ask about. It has risen =
such that any handle on a cup you may see would be a high handle, and =
suspect. Since I bot it, I have not seen another period since that would =
have created a buying opportunity for a CANSLIMer reading charts. In any =
case, "M" would also have been telling you to stay in cash.
----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Friday, July 26, 2002 9:45 PM
Subject: [CANSLIM] Docc
Has DOCC just formed a Cup? Or. did it just reach a pivot point =
based on the cup commenced on 5/31. In this connection I note that a =
heavy hitter seems to have stepped forward at or near yesterday's =
closing bell and bought in at 12.50. Aside from that big buy, the =
volume was not outstanding during the day and after hours trading was =
minor. I wonder what will happen on Monday morning. Is there someone =
out there who has some input?.
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<DIV><FONT face=3DArial>I generally only buy stocks where I can =
articulate a=20
reason for it to double in 12 to 18 months. That is my preliminary goal, =
but I=20
try to let the stock tell me where it is willing to go to before I=20
sell.</FONT></DIV>
<DIV> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Saturday, July 27, 2002 3:41 PM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] Docc</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Tom </FONT></DIV>
<DIV><FONT face=3DArial size=3D2>I understood you to say that you were =
selling out=20
when you are ahead %100 Thus I concluded that you would =
probably be=20
selling out when DOCC appreciated to 12.78 (double your buyimg=20
price). I guess I missed something in your message. In =
any=20
event it's pretty clear that you made a great buy. =
Personally, I don't worry about taxes since I trade tax-free in a=20
Roth IRA. Thus, a 20% gain to me is totally tax =
free.</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
Worley</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, July 27, 2002 =
2:19=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Docc</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial>don't understand your point Donald. Why should =
I be=20
selling next week? I prefer to hold for long term capital gains, but =
will=20
ultimately sell when the stock tells me I should (unless I get =
stubborn, but=20
then that's my fault).</FONT></DIV>
<DIV> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Saturday, July 27, 2002 8:58 AM</DIV>
<DIV><B>Subject:</B> Re: [CANSLIM] Docc</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Tom -It looks like you've made a more =
timely pick=20
- congrats.. I guess you will be selling early next week. =
I bought=20
in at $10.20 on 7/22. So, I 'm ahead by about %20 at =
this=20
juncture. Ordinarily, I would be selling next week to lock in that =
gain, but=20
when a stock gives me that kind of action in one week there is usually =
more to=20
come, especially when a couple of heavy hitters step in as they did=20
yesterday.</FONT>-Maybe you should be thinking of hanging in there for =
awhile-</DIV>
<DIV> </DIV>
<DIV>--- Original Message ----- </DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
Worley</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, July 27, 2002 =
12:44=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Docc</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial>nice pick, Donald, I have owned it since =
1/30/02 from=20
$6.49. DOCC is my lone remaining sterling gem in my portfolios, rest =
either=20
have crashed and burned, or have not given me nearly the 100% gain I =
seek in=20
a year.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>In answer to your earlier emails, I do not =
post my=20
personal picks since I deviate so far from mainstream CANSLIM by=20
concentrating on small and micro cap stocks, of which this is one. =
It is a=20
good example of how money can be made on the long side when you are =
right,=20
even in such a dismal market. It is also a good example of how a =
"big"=20
winner (and I consider a 92% gain in six months a winner in ANY "M") =
can be=20
held long term. However, because this is a micro cap stock, and with =
only=20
7.9 million shares in the float, it can be very volatile. I have =
been lucky=20
with this one, as I bought it in the late January base and trusted =
it to b/o=20
(breakout) eventually. And since the b/o it has risen steadily, so =
never=20
gave me reason to sell it.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV><FONT face=3DArial>I do not see any cup in this chart as you =
ask about.=20
It has risen such that any handle on a cup you may see would be a =
high=20
handle, and suspect. Since I bot it, I have not seen another period =
since=20
that would have created a buying opportunity for a CANSLIMer reading =
charts.=20
In any case, "M" would also have been telling you to stay in=20
cash.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> =
<A=20
title=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
</DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV><B>Sent:</B> Friday, July 26, 2002 9:45 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] Docc</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Has DOCC just formed a Cup? =
Or. did it=20
just reach a pivot point based on the cup commenced on 5/31. In this =
connection I note that a heavy hitter seems to have stepped forward =
at or=20
near yesterday's closing bell and bought in at =
12.50. Aside=20
from that big buy, the volume was not =
outstanding=20
during the day and after hours trading was minor. I =
wonder what=20
will happen on Monday morning. Is there someone out there who =
has some=20
input?.</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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