News Focus
News Focus
Followers 7
Posts 996
Boards Moderated 0
Alias Born 10/06/2004

Re: oldberkeley post# 527

Friday, 10/29/2010 10:16:00 AM

Friday, October 29, 2010 10:16:00 AM

Post# of 20689
OB,
Good question about exit plans, something we should always be thinking about in life.

You didn't ask me, but I'll chime in with my plans. This stock has had wild, seemingly capricious, or at least incomprehensible swings, with opportunities to pick up seemingly cheap shares. So, I am hoping to benefit by selling some as part of my "buy and sell around a core" strategy. If it gets much over $20 I will be uncomfortably and very happily overweighted in MNTA, so would happily sell my "trading" shares and keep the core.

However, I am wary of just placing a GTC limit order because of the ever present possiblity of a big news event (such as buyout or even rumor of such) that would take out a limit order on a day I wasn't paying attention.

Urche