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Re: investor10122 post# 342

Sunday, 09/04/2016 8:57:35 AM

Sunday, September 04, 2016 8:57:35 AM

Post# of 435
DLCR is in a slow decline. Waiting in a notification from the TA to start their timbering contracts. They have 500 mil in signed contracts with land owners but the Timber Authority hasn't approved yet and impatient people have sold. Approval will come this week if I read it right. If the TA doesn't rule within 30 days it is automatically approved and that happens this week, I think the 30 days expires Friday.
I am curious about selling points, I could sell SGBY now for a good profit but fearful that it will rise more and miss out on more profit but like you said, you could lose a lot if it tanks. In my mind I think if a stock doubles in value you can sell half to get your original investment back and the rest are free shares, but again, if it continues to grow you're missing more profit. An example would be SGBY, if it goes to .50 a share, that's $375,000 in my account. An incident with one lab could wipe out that share price in a heartbeat so I guess the question is, how do you decide when to sell when there is a lot on the line?

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