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Author: TOOFUZZY One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 727  
Subject: When your stock tanks. Date: 2/5/2002 12:41 AM
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Over the years stocks like Long Island Lighting Company, Chrysler, and more recently many tech companies drop 90% or more. Some recover and some do not. What is the best way to handle that in an AIM program? What do you do when a company you believe in keeps sinking especially right after your first purchase? Once your AIM stock runs out of cash all you can do is watch as it goes up and down way below your first sell price. One suggestion was that when "CASH" is less than the new "BUY" signal that you limit your buy to 1/2 of "CASH". That will always leave you some money to buy shares at lower prices without committing any more money than you initially commited with your first purchase. Has anyone come up with any other ways to deal with tanking stocks? One thing you can not do with an AIM program is cut your losses.

toofuzzy
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