News Focus
News Focus
Post# of 257264
Next 10
Followers 1
Posts 226
Boards Moderated 0
Alias Born 07/17/2008

Re: DewDiligence post# 93891

Friday, 04/09/2010 4:35:10 PM

Friday, April 09, 2010 4:35:10 PM

Post# of 257264
Wow. The story was certainly sexy enough to have created the perfect storm. I only sold because I was on the phone with a cousin who was a significant trader at the time and I was counting my unrealized gains when I was on the phone with him. His first response to me was "Experience tells me that whenever you are particulary excited about a holding and you begin to count your money before you have sold the stock....that is your sign to sell between 80-100%"....Since then that principle has proven true much more than it has let me down.

Cheers

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today