RE: [CANSLIM] MVL

From: "Fred Richards" <ffradrich@attbi.com>
Subject: RE: [CANSLIM] MVL
Date: Mon, 23 Jun 2003 12:10:15 -0500

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I would say sell it all.  How much have you lost by not selling all of
it at a 8% trailing stop from its peak?

Guess you have money to burn.

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of
michael_niemotka@baxter.com
Sent: Monday, June 23, 2003 12:00 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] MVL


Hello all

I currently have a position in MVL, and am up nicely, currently 55%, and
at one point, was up 100%.  I sold some when it hit 150% of the 50dMA
per a WON "rule", and today sold another 1/4 of my position at a 15%
trailing loss.

For the remaining position, I am wondering if I should still hang on ,
or if the action over the last couple of weeks (higher volume, price
drops) are warning signs to exit out totally.  Earning are in a couple
of weeks, and rumor is that they will exceed expectations.

Any thoughts?

Thanks

Mike


Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



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