Liquidmetal Technologies Inc (LQMT)

[Jimmy777]

Comfort Level & Exit Strategy


Everyone has a different financial comfort level regarding their investment in a single stock; I have found mine regarding LQMT.

After 5 seperate purchases, on 5 different days I am where I feel comfortable from both a total dollar amount as well as a total share amount.

My exit strategy has 3 possibilities:

1) At $0.78 sell a third of holdings and cover 100% of total initial cost and ride the rest.

2) At $0.52 sell half and cover 100% and ride the rest.

3) Watch it go to zero and catch the next train.

I want to set an exit strategy NOW before anything really changes other than the couple of pennies a day so I don't make a knee jerk bad decision on a day the stock pops.

What do you other investors do?