Thank you.. and you are correct.. I wouldn't ever take more than $20K in stock out of the market on a deal this small.. it's far too thin to comfortably get out of anymore than that while it's up.. getting in ahead of time, and selling on the way up.. at the peak.. and on the way down (if necessary).. is the only way to trade a stock like this.. If you wait until the pr starts, unless you are one of the very first people in when it first starts moving up, you will almost always get beat.. you have to be ready to sell when it starts moving up,, Put your GTF60 offers in well in advance, in case it takes off when you're not looking, and make them just large enough to reflect.. and you keep selling from the offer until you are out of stock, or for as long as you can (even if you only sold 30%, you're normally ahead already). You can make an educated guess on when that will be from the filings, and how much activity to expect from the dollars and shares.
It's more like playing poker than traditional investing.. and you can't make millions without increasing the risk factor exponentially, which I won't do.. that's throwing money away.. on a small thin stock though, vulture finance guys are incredibly predictable, so piggy backing them while they load up at the bottom is easy money to me. It's easy to read on level2.. I only find a handful of companies that fit my criteria where this approach works consistently, and has relatively low risk.. but it's fun to score triple digit percentage gains, even if they don't return hundreds of thousands of dollars. I think this stock still has 1 good ride in it.
* Anything I post is my personal opinion. Do your own due diligence!
