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Re: DFDSQUAD3 post# 7976

Monday, 03/12/2007 4:14:39 PM

Monday, March 12, 2007 4:14:39 PM

Post# of 76394
Tread lightly....the RGNO trading action is becoming one where IMO you use a strategy that opens a position and then sell a portion of that position with +/- 50% gain, then wait for the pull back and buy back that position again if you need to stay in. Just look at the action between Friday and today.

At least this way you are keeping a portion in case RGNO keeps going up, if not you are building a free share portion.

One reason I have currently stayed on the sidelines with this one, it just does have the ammo yet to run up without these huge swings.

Kels