GigaMedia Limited (GIGM)

[Pay_tience]

lll...here's a strategy for you concerning flipping shares...

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 :)