Off Topic · GSIT--Trading @ 3.80 (page 3)

Silverfuel wrote:Briggs, you are the man! Seriously dude, thanks. This is really something.

This thing has flames coming out of it's arse right now--lets see where it goes

6.00

BRIGGS wrote:

nyk4ever wrote:

BRIGGS wrote:

nyk4ever wrote:

Silverfuel wrote:How high is this thing going? How much longer are you guys holding out before you sell?

Yeah.. Briggs, what is your opinion on where this thing will go from here? I'm just curious - I've been since 3.61

Unless it skyjacks Im here for the long haul. Ive been in it for 20 months. I'm not selling IGOI or GSIT until I feel they fully mature or have hot a pinnacle[or close to it]

That;s good to know, just for myself, because I didn't think I should sell yet. Always good to have a little backing when you have thoughts like that.

Thanks Briggs.

Remember--if you feel you have hit your own personal $ target--take the money--meaning if you had a goal of 20% etc.. stick with your goal.

Thanks Briggs - you're right, it's always good to stick to your guns. I'm a newbie when it comes to trading and for me when you say something is worth buying, I scout it out and evaluate it and then make my decision. My problem is when I buy, I don't have an exit strategy haha. So I'll ride this for a while like I have already and see what happens.

BRIGGS wrote:Target-9-12$ 1 year

I was off a year--oh well.

BRIGGS wrote:

BRIGGS wrote:Target-9-12$ 1 year

I was off a year--oh well.

BRIGGS wrote:

BRIGGS wrote:Target-9-12$ 1 year

I was off a year--oh well.

nyk4ever wrote:

BRIGGS wrote:

BRIGGS wrote:Target-9-12$ 1 year

I was off a year--oh well.

GSIT is flying briggs. again, i want to really thank you for that recommendation

This thing will be moving up for some time.

BRIGGS wrote:

nyk4ever wrote:

BRIGGS wrote:

BRIGGS wrote:Target-9-12$ 1 year

I was off a year--oh well.

GSIT is flying briggs. again, i want to really thank you for that recommendation

This thing will be moving up for some time.

nice big jump today too for this GSIT. slow and steady wins the race baby.

nyk4ever wrote:

BRIGGS wrote:

nyk4ever wrote:

BRIGGS wrote:

BRIGGS wrote:Target-9-12$ 1 year

I was off a year--oh well.

GSIT is flying briggs. again, i want to really thank you for that recommendation

This thing will be moving up for some time.

nice big jump today too for this GSIT. slow and steady wins the race baby.

It's going to be a monster. Just consider my first purchase was in the high 3's nearly two years ago and it tanked down to 2[actually lucky for me]. I accumulated for 1.5 years and have not sold a share and don't plan to any time soon. One thing people don't understand is when you make an investment--in my case this became my heaviest--I'm going to be very patient with it. Warren Buffet rarely sells stocks. I would say that atleast 1/2 the time I have ever bought a stock it traveled down before up and if you are in it for multi years--it's going to have pauses, down times high volume low volume--you can't look at the day to day emotionally--you can monitor but you set short and long term goals and continue to evaluate the reason why you invested--if everything is still on the same course etc... it's been a strategy that has worked for most people who make good money in the market. I do trade once in awhile but I'm mostly a long investor[or until my target has been hit:)]

BRIGGS wrote:

nyk4ever wrote:

BRIGGS wrote:

nyk4ever wrote:

BRIGGS wrote:

BRIGGS wrote:Target-9-12$ 1 year

I was off a year--oh well.

GSIT is flying briggs. again, i want to really thank you for that recommendation

This thing will be moving up for some time.

nice big jump today too for this GSIT. slow and steady wins the race baby.

It's going to be a monster. Just consider my first purchase was in the high 3's nearly two years ago and it tanked down to 2[actually lucky for me]. I accumulated for 1.5 years and have not sold a share and don't plan to any time soon. One thing people don't understand is when you make an investment--in my case this became my heaviest--I'm going to be very patient with it. Warren Buffet rarely sells stocks. I would say that atleast 1/2 the time I have ever bought a stock it traveled down before up and if you are in it for multi years--it's going to have pauses, down times high volume low volume--you can't look at the day to day emotionally--you can monitor but you set short and long term goals and continue to evaluate the reason why you invested--if everything is still on the same course etc... it's been a strategy that has worked for most people who make good money in the market. I do trade once in awhile but I'm mostly a long investor[or until my target has been hit:)]

it's sound advice briggs for sure. theres a reason you go in on a company - for the long haul for the most part. unless you really see it as a short-term pop, but that can be very dangerous.

On any financial metric this should be trading a 10-12 $ This is going to blow doors for the next 2 years.

IGOI is showing some nice signs too.

BRIGGS wrote:Just missed it s all time high on strong volume today--this puppy is going to be sitting in the teens[high] next year. Ive been in this things 2 years--sometimes you just have to be very patient

IGOI is showing some nice signs too.

i been holding strong on gsit briggs - its slowly climbing every week.

igoi also has had a strong couple days after a bit of a slow run.

i definitely owe you atleast a beer at one of these knicks games we goto

BRIGGS wrote:Target-9-12$ 1 year

This is 2+ years old. I was lucky that the stock tanked to 2.00--it gave me the chance to load up @ a very very cheap price. I do not know this for certain but I believe I am the largest non -employee/institutional investor in GSI Technologies. I have bought as low as 2 and as high as 5. I believe the company is worth 10-13 today as it stands but my longer term price target --with what I believe is coming down the pipe is 25-30$. If this happens I will have made a substantial gain. But what it shows you is the effect of patience in investing. This was not a trade for me--this was an investment and investments take time to pay off. It still is only dancing in the 6's but that is fine.

Big difference in a positional trade momentum trade day trade--and investment. Stocks can be like Chinese water torture--you have to accept the peaks and valleys of it.

Silverfuel wrote:$8.04 right now!!

Im looking for another double+ here in 2011. I would say a target of 15-18 next year and will get close on a buyout scenario.