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Re: Re: [sharechat] NZSE etc. and Mike's NZR

From:	Derek <dariusz@ihug.co.nz>
Date:	Fri, 28 Jan 2000 23:51:50 +1100

I feel sorry for you Mike with  NZR.
I got  NZR for $11.00 when I tough is finally sign to take a turn. Share
went as far as $13 then pull back, and up to $12. I knew, that is it.
When it fall to $10.20 I stopped loses. I was short of 7%. Today I know,
I did OK, but I like that share and I'll be back to it. When?
When graph tell me to do so. I think NZR is a good company with very
solid base, they had some problems in past. But all that is over now.
The heat for NZR will start mid March. Dividend payment not far from
there.
BTW,  how you calculate your stop loses in  %?
Kind Regards,
Derek


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