InvestorsHub Logo
Followers 261
Posts 19732
Boards Moderated 0
Alias Born 10/03/2004

Re: sgg22 post# 5447

Wednesday, 04/18/2007 2:40:34 AM

Wednesday, April 18, 2007 2:40:34 AM

Post# of 132363
Nothing wrong with taking profit. It's the premature gloating that I reacted to. I simply don't think 100% is enough here as I think I have at least a 5 bagger from my cost and will sell half at that point and hold the rest. Best of both worlds if you pick the one that looks like a full recovery off the bottom. You chose 100% return on 100% of holdings based on your DD and level of tolerance. Nothing wrong with that. I choose 500% on 50% of my holdings based on my DD and level of patience. Two different strategies and two different profiting approaches. Based on my average cost I already have 2.5X so you should know where I will liquidate those 500 shares and look for a retracement. If there is no retracement, I ride the other 500 shares to oblivian.

doc.feelgoode@yahoo.com

"It ain't what they call you, it's what you answer to." --WC Fields