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Data I/O Corp. Message Board

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  • red_wombat80 red_wombat80 Mar 18, 2005 9:01 AM Flag

    OT-Bot and Fuji-ATRM

    I thought the first rule was buy low, sell high, and that the rule about never taking advice from folks who grow apples for a living didn't show up until around rule #17. Still, it's probably an important rule and one that I'll try to at least consider in the future.

    Still - I might listen to your advice if it weren't for my personal rule #5, which I put in place after averaging down on the stocks of a couple of companies which ultimately went under. Limit the number of add on buys of a stock to 3x my original investment (especially a small cap company), and I've already done that with DAIO so now I'm just sitting and waiting for better news from the next quarterly call... or the call after that.

    good luck.

3.55+0.05(+1.53%)Aug 25 3:58 PMEDT