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Re: tripleDz post# 7236

Thursday, 02/04/2010 11:41:51 AM

Thursday, February 04, 2010 11:41:51 AM

Post# of 157003
Very true however just a PR would be an emotional boost that I'd sell some shares into the jump and rebuild my position when it takes a breather...as they usually do and sometimes right back to where it started before the PR move.

One thing i've learned, and discuss in my blog, is that small cap stocks are filled with panic sellers who freak out when a stock takes a breather and panic sell thinking its going to tank. As long as my catalyst is still there and hasnt changed, I take advantage of those "breathers" and rebuild my position while being able to lock in some profits from those sales I made.

Don't get me wrong, it doesnt always work as perfect as it sounds but it is a good insurance policy to take some off the table and worst case you buy back a bit higher if you were wrong. Selling is one of the most important tools an individual investor has. We can move in and out of the market quickly and swiftly whereas a large fund does not have that ability.

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