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Re: lentinman post# 106868

Wednesday, 09/24/2008 5:42:28 PM

Wednesday, September 24, 2008 5:42:28 PM

Post# of 174879
Len, you missed the point of my message. Since there is no "sell half on the double" allowed in the PSL contest, I had to decide yesterday before the close, should I keep a stock that has gone up 407% in the last 4 trading sessions or do I sell it with a 140% profit in 2 days. I chose to sell it based on everything posted here about not holding stocks that go up 400% in 4 days. So, the point is that had there been a "sell half on the double" allowed, I would still have a half position thar was up 104% today based on my purchase price.

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