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Re: lsabear post# 102825

Thursday, 04/15/2010 12:31:38 AM

Thursday, April 15, 2010 12:31:38 AM

Post# of 179214
the biggest thing is to watch volume, not price

we know they are at least ~ 30 MM shares short

if the price shoots up to your predetermined sell price, but you see the volume is only 1.5 MM a day for 2 or 3 days, you can be sure you are selling too soon

i am also apt to run numbers in my head about sell prices, and i constantly have to remind myself to not worry about the price as much as the volume

the price WILL go up, and whether it's 5 bags, or 7 or 10, it's all profit