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Re: ctp93 post# 43838

Thursday, 09/10/2009 11:41:28 AM

Thursday, September 10, 2009 11:41:28 AM

Post# of 111729
Right. I COULD have made MORE money, but more often than not people who tried to do what you describe have lost out on a run on account of it. Plus the fact that a 15-20% gain in that situation is your break even point (due to paying cap gains).

I don't disagree with your logic, but who knows where the price goes from day to day? A good PR could boost it, and bad PR (or no PR) could drop it...

You could try to time it right, but more seem to have lost that battle than won.