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Re: RedStick post# 411

Monday, 10/19/2009 12:01:29 AM

Monday, October 19, 2009 12:01:29 AM

Post# of 52074
No worries and certainly not a "cop out" answer - heck, if we were all 100% certain about a stock going ballistic, we wouldn't be sitting here posting on a message board. We'd be chillin' on our own island somewhere drinkin' a fruity umbrella drink (ok, so Gofor is already doing that, but the rest of us can dream!)...

I think you're right - figure out what my dollar figure is that I'm comfortable to invest, fire about 75% of that at my initial position and hold some "reserve" funds to average down if the opportunity should present itself.

We'll see how things shake out Monday. Think I might try to contact management myself and get a "feel" for the company before I pull the trigger...but from everything I've seen, the gun is definitely loaded.

All the best. Here's to a good day for all of our plays tomorrow!

~KS~

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