sskillzi--MDF
If a 167 percent gain is a "failure", as you say, I want to fail every time!!
No, I think it is smart to take the 167 percent--"Nobody ever went broke taking a profit". But, if the company's fundamentals haven't changed and the outlook still looks good, it sometimes pays to sell maybe half and wait with the other half.
I bought MDF around $2.10 and will wait for $4. When (not if) it hits $4, I'll probably sell half and wait with the rest for maybe $8, $10, $12? In fact, the whole healthcare group should be like oil as the boomers age.
If there isn't major health care reform, there won't be enough hmo's, hospitals, nurses, skilled nursing facilities--you name it. It ain't gonna be pretty. There are going to be some big-time investment opportunites out there.
Regards - bbtocs,