Re: [CANSLIM] LEND


From: michael_niemotka@baxter.com
Subject: Re: [CANSLIM] LEND
Date: Mon, 11 Aug 2003 07:56:20 -0500

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Why did you place a stop loss so low relative to your gain at $26?  For
whatever it is worth, after I am up more that 30% , I put a stop loss for a
part of my position at a 10% loss, another at 15% and a final at 20% so
that you can lock in profits.

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


                                                                                                                            
                    "Bistricer, Avi"                                                                                        
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Any opinion on LEND at this point.

I was lucky and got in at 13.5 and see it all the way to 26+

I did not sell when it went down for 7 days or so.

I put stop loss at 15 and flushed out at 14.60 or so most profit
evaporated.

It is now going up.

what is the lesson ?


Avi Bistricer, DBA
212.460.6695
bistricera@coned.com


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