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Re: nhguy post# 1364

Thursday, 12/21/2006 7:16:48 PM

Thursday, December 21, 2006 7:16:48 PM

Post# of 51429
Hmmm....darn, I was liking the idea NITE was covering, but after a couple of these posts, maybe I was wrong, or maybe he's just squeezing other orders in at the same time.

I do remember last week I picked up some shares that never showed up on L2 which I though was somewhat odd. That told me that the MMs are not showing all the action. Mine was only 7K shares, which wasn't much, but enough to make me wonder if there wasn't alot more of it (hiding sales) going on.

At any rate...

I wanna bring up an important issue to Hemi investors:

I have set a certain 'target' for approx. 1/5 of my shares to sell at. This is pre-determined, and I will not change on it. Sell order is GTC. When it happens, it happens. I'm in no hurry. It will be filled (sold) when someone buys it, as opposed to being sold at bid (bidwhacking). This is the healthiest way to play this stock, as I do not wish to 'disrupt' the trend in any way, especially since I will still continue to hold Long the remaining 4/5.

This 1/5 is my seed money and will be used for my next picks. I strongly recommend others to pick up this habit, though percentages may vary depending on entry levels and how many shares a person may wish to continue holding.

I do not do this often, but I firmly believe my investment here will be worth much more in 1 year, than at any point less than one year. After 1 full year, my remaining shares will only be liable for the flat 15% capital gains tax.

To date, I have only done this with one other stock: CTUM. Although CTUM has been feeling a little 'under the weather' lately, it is still trading approx. 8x what I bought my present shares for, and they are now eligible for the flat rate tax. As much as that may be, I am still holding them tight because when the time does come, and the pps has risen much higher, I'll not have to concern myself with exorbinant taxation on them. Plus, those shares are 'freebies', since I took my seed money long ago, and they also represent a level of security/safety net for me. In large part, they don't even exist, in my daily train of trading thought...they've been stashed away for so long now.

This is how I intend to play Hemi.

In the last 1.5 years, only Hemi has became the second stock I feel this strongly/sure about. The fundamentals are simply just too overwhelming and undeniable to take lightly.

L~



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