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Re: WillyBoyXXX post# 352

Saturday, 03/10/2007 10:13:05 AM

Saturday, March 10, 2007 10:13:05 AM

Post# of 887
Willy, good to have you.
All of this is going to be my opinion.
I agree with you on the fact that chnw seems to have some complexities. If it spiked more than 50% in a short period...in a couple of hours, taking profit would be a no-brainer. But with the company leadership being so strong, with a solid game plan, things coming into place on time, etc., along with the upcoming cusip chnage, I have also been a bit onflicted as to when to take a profit...because I will take a profit. Anyone who says they won't at some point is either a liar or stupid.
I have noticed that whenever there is a spike, people start taking profits, it drives people into panic, which then drives the price downward. If you don't take profit when there is that bounce, you'll end up holding the bag. In chnw's case, I think that once we see some huge gains, get it while you can, and get back in when it dips...

Are we there yet?

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