Arete Industries (ARET)

[BudFox99]

Greed is Bad; Take the Money! There's an old microcap saying: they go up in dimes and come down in dollars. Forget Gordon Gekko. Greed gets you killed on momentum stock plays, because on these stocks when the party is over, it's over. Sooner or later, volume will dry up on these plays and the price can go back to where it started, or lower. If it doubles, sell off half your position - now you're risk free. If it runs to a triple, you only have to sell a third to be risk free. For that matter, why are you sitting on a momentum play double or triple? It's okay to take a ride, but get your risk capital back first!! You will rarely buy at the bottom and sell at the top. ACCEPT THIS, please! When momentum plays tip over, they decline fast. If you hold on too long, you are going to watch gains evaporate and turn into losses.

You only sit on gains on investment plays, but even on investment plays, sell a little when you are ahead to avoid a potential loss.