basically yes and if you think stock has good potential let it go a bit before selling, you can also do 100,000 every 3 to 4 ticks at higher levels all figures can be ajusted to prefferance just remember that just because a stock is supper good does not mean it will not drop mid day if you have sold on the way up you can buy on the dips one caution to that is you will be increasing your average, but you will be gaining cash while keeping the same amount of shares play with it over the next few months and you will find you'll trade it a bit different every stock but the system is there, it's one that i have come up with because of getting caught in stocks after all the cheerleaders and longs to the finish have all exited
and you don't have to buy back amount of shares is sold, and a heads up here is that the stock just may be tanking and you could buy back to soon have fun