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Re: DoGood_DoWell post# 33305

Saturday, 04/18/2015 10:37:43 AM

Saturday, April 18, 2015 10:37:43 AM

Post# of 700630
Last year I had 200% + gains on the spike in June. I did not have an exit strategy and was on the fence as to what to do. I almost decided to take some off the table, but greed got the better of me and I spent the rest of the year watching all of my paper gains disappear.

If I sell some here, is there a chance I may miss out on even larger gains? Yes, but the increase we have seen the past few months is extremely rare (at least for me) and I am very happy with it. Is there a chance something nefarious could happen with my shares when I sell them? Yes, but I doubt the size of my holdings matter much in the big picture. There are much larger blocks constantly being traded by the institutions.

After the beautiful run up this year, I plan to average out of my position to a smaller core. If the price continues higher, my average sale price will follow it up. If we fall back to lower prices, the average will help me in that regard too and I may reinvest some of my earnings when we reach a stable floor. Stocks do not rise like this indefinitely and it will sell off at some point.

I invested in NWBO to make money. I don't plan to repeat my mistakes from last year and give it all back. Maybe my tolerance for risk isn't as high as some of the others here. Best of luck to you.
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