Monday, September 04, 2006 2:06:11 PM
Let's say you have 1000 shares of GIGM you bought at $8.00/share. You believe the stock will move over $11.00 in time and it does. At $11.20 you sell 250 of your shares shares, thinking the stock will pullback. If it pulls back to $9.00, you can rebuy 310 shares...(60 free shares). If it pulls back to only $10 and you see it start moving back up, you can always buy back in at the $10.00 range and get a few free shares along with it. If surprise news comes out after hours and the stock gaps up to $12.00, you can still buy back 240 shares of your original 250 at the same cost. (losing 10-20 shares is no big deal). You've always got your core position. Don't sell over 50% of your positon, at any one time. Always have a nice core position. There is always time to get into a stock. These are trends, not spikes! The stock should move way UP over time, not in a matter of days. I'm talking months! You should be very happy come January imho! Good Luck!
PP :)
Recent GIGM News
- RESULT OF ANNUAL GENERAL MEETING HELD ON 27 JUNE 2024 • PR Newswire (US) • 06/27/2024 01:00:00 PM
- NOTICE OF THE TWENTY-FIFTH ANNUAL GENERAL MEETING OF SHAREHOLDERS • PR Newswire (US) • 06/03/2024 02:28:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/31/2024 10:04:14 AM
- GigaMedia Announces First-Quarter 2024 Financial Results • PR Newswire (US) • 05/03/2024 01:00:00 PM
- GigaMedia Announces Fourth-Quarter and Full Year 2023 Financial Results • PR Newswire (US) • 03/29/2024 01:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/23/2024 06:35:59 PM
- Chih-Hong Tsai and Wan-Wan Lin Appointed Independent Non-Executive Directors of GigaMedia • PR Newswire (US) • 11/24/2023 12:42:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/24/2023 11:02:57 AM
- GigaMedia Announces Third-Quarter 2023 Financial Results • PR Newswire (US) • 10/31/2023 01:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/31/2023 10:03:02 AM
- GigaMedia Announces Partial Extension of Aeolus Convertible Note • PR Newswire (US) • 09/08/2023 01:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/08/2023 10:01:52 AM
- GigaMedia Announces Second-Quarter 2023 Financial Results • PR Newswire (US) • 07/31/2023 01:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/31/2023 10:00:39 AM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
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