Sunday, November 14, 2010 9:38:11 PM
If you're split down the middle on your decision then sell half keep half. Emotional trading would say sell all at breakeven from the way you sound. Rational emotional would say sell half keep half. Wise trading imo would be to cost ave sell up just as you cost averaged down. Take some off the table when you get close to your ave. IMO I don't blame someone for wanting some money back on this especially longs. The shorts who got in at .008 to .01 I don't blame for selling and taking the double the past week or so between .015 to .024. But first let's get to that .24 ave of yours! IMO if it gonna pop, it's gonna pop much bigger than up to .024. If it's gonna pop it's going to .04 to .07, and that's just short term IMO. More than that, maybe even $1 to $5 dollarland in a longterm 5 to 15 year Roth IRA hold. If I got close to my cost ave, which by the way is double that of yours (and ironconically from the same entry point as "frogmen911") I might take some off the table but only if I needed the cash which is not the case. Of course if you need the cash then do it but if you need cash that bad then do it now. If you don't believe they have a future from your dd, and need emergency cash then take the leap and bail. but if you still believe in the reasons you got in this, then hold and slowly grow with it. The last pop of 100% which drew new investors and posters created a lot of emotional thoughts of trading. To me there's no sitting on the fence with this stock, either bail or stay. IMO if one does not need emergency cash then no way sell. Refer back up to quote.
JMHO GLTA who stay and believe!!!!
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