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Re: Carl Spackler post# 85268

Monday, 12/04/2017 2:44:02 PM

Monday, December 04, 2017 2:44:02 PM

Post# of 106839
I usually hold 25% cash at all times. Back in April I was almost all in and made $700k on paper. I still had about 10$ cash to play with options.

Over a period of time, I sold 50% of my position at less than half of my initial profit - but still a very decent profit. Since you asked, I bought and sold two other times since the famous Friday event. I recently bought back in fully after seeing something on the daily chart as well as the 30 minute. Coincidentally, the stock rose sharply after I bought.

You may not have known the above because I respect other's investments and will not announce my sells while trying to talk others into selling. After all, this isn't a boiler room - it is a real investment. The lack of posting was however a very big hint that I majorly reduced my position.

Going forward... If the stock gets above .25 (and I expect it will) I will sell at least 20% of my shares. If the stock hits a buck, I will be 50% out and hold the rest until or unless the company majorly messes up.