Precious Metals

[gfp927z]

Blade, Thanks. The volatility of these bio stocks is what gets me. I have trouble not taking profits when they appear, even though that could mean missing out on a great longer term stock.

I was wondering if there are some general ground rules that you use, for example selling 1/2 of a position if you get a double? And do you set a stop loss under your positions? Bio stocks mainly move on the clinical progress and news flow, and you look for well funded companies, which is a great parameter, but do you have certain hard/fast rules, or is it a more flexible approach? Any bio sub-sectors that you always avoid, etc?

Thanks for any insights.