Re: [CANSLIM] BCGI big dip

From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] BCGI big dip
Date: Thu, 17 Jul 2003 11:46:39 -0700 (PDT)

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Gene,  I don't see this as a bad thing.  This is
another tuition fee.  I look at it is way, I will make
a lot of mistake.  It is better to make the mistakes
sooner than later (because I use less money now than
later).  I would like to get as much experience and
lesson learn out of this as possible.

On your second sentence, you are saying that I should
put hard stop or stop limit on all my trades?

tomas

- --- Gene Ricci <genr@swbell.net> wrote:
> Hi Tomas, sorry to hear of your bad luck. I have to
> caution you to not trade with a hard stop of some
> limit or another.... I see it's now down to a 39%
> drop.... when does benign become terminal?
> 
> Gene
> 
>   ----- Original Message ----- 
>   From: Tomas 
>   To: canslim canslim 
>   Sent: Thursday, July 17, 2003 1:28 PM
>   Subject: [CANSLIM] BCGI big dip
> 
> 
>   Hi All,
> 
>   I recently bought BCGI at BO on 07/08 for $18.89. 
>   Good fundies and good CwH.  No real yellow flags
> that
>   I can see.  Yesterday on after hour trading, it
> went
>   down about 33% due to news on a potential lost of
> a
>   big customer (51% of revenue).  Also, earnings
> release
>   yesterday was very good.  So, my question is
> should I
>   know this coming?  Maybe I missed some big warning
>   signs.  Maybe I should have noticed the active
> insider
>   selling the last few months.  Another other
> warning
>   signs that I would have noticed?  Or is this
> something
>   that you cannot protect from?  I am think there
> should
>   be enough warning signs for this king of thing.
> 
>   Is might be another dumb question, should I just
> sell
>   it now (you might be thinking "What! You have not
> sold
>   it yet"). Or wait for a few days to see what
> happens
>   and maybe I can get some of my loss back?  Am I
> just
>   been "hopeful when I should be fearful" (ie, sell
> and
>   get out ASAP)?
> 
> 
>   Regards,
>   tomas 
> 
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