AceTrader

This site was designed to communicate with friends who share similar interest. The interest in the "free market". Stocks, over the long term, provide the best return on your money. More than cash, bonds and even real estate. Understand that investing is a learning process. We will learn from our mistakes and move on. This is a journey. Enjoy the ride!

About Me

Name:
Location: Bayside, New York, United States

My love for the market began in 1987 when I first opened a brokerage account with Fidelity Investments. You know what happened back in 87'. "Black Monday", the market crashed. My initial $ went down fast. Thus began my thirst for the challenge to make it in the market. Although I have science background, my Bachelors degree is in Economics from Washington University (great school). I also have earned an MBA in Finance from Fordham University, New York. Although I am registered as an "investment advisor" with the NASD, any information in this blogger is not intended for any business use.

Friday, July 07, 2006

Sell IDWD now ...

I have came across a disturbing news regarding the IDS Worldwide Inc. and its CEO Mr. Downs. At this time, I can not verify whether this is true but I am not willing to risk our money waiting for it. My advise is to sell all or if you are daring, sell at least half of it now.

Do not place a market order!
Place a limit order so that you know what price you are getting.

I just placed an order to sell half of my shares at a limit of $0.97/share.

If you are interested, please visit www.investorshub.com and type IDWD.

Better safe than sorry...

posted by Jaewoo | 10:41 AM

1 Comments:

Anonymous Anonymous said...

I always found it fishy that with all this buyout talk and offers, the stock would move more than it did.

7:13 PM  

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