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dam

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Posts 768
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Alias Born 02/06/2009

dam

Re: sellingsoon post# 118833

Wednesday, 11/04/2009 1:35:32 PM

Wednesday, November 04, 2009 1:35:32 PM

Post# of 137480
Yes, holding BEE. Mind you though I have a very light position, not much skin in that game. When I put on a starter position, it started falling, so I never legged in my 2nd and 3rd fill. Glad I didn't. Risk management is a beautiful thing.

If I did have a full position on right now, eg if I had decided to start buying around 1.5's and was loaded up now, I'd probably take off that 3rd leg right now just to lighten up in case of a negative surprise / poor outlook.

Since I only have 1 leg in though, the earnings are a catalyst for me. I'll either sell it all or buy in the next leg of my position and continue accumulating.

Either way, the cat's coming out of the bag tonight.

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