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[roguedolphin]

Re: "Not holding a stock long enough"......I agree that is hard to do sometimes or more likely most of the time. I would refer most all here to read "Remininces of a Stock Operator" the story of legendary speculater Jese Livermore. He has some great advice and wisdom we could all benefit from.

Sometimes illiquidity has helped me to my benefit.....I couldn't sell my big position I had quietly accumalated if I wanted to. So I had to wait for big demand to develop.....and sometime's "they" sneak the stock up so you cant't even sell it till it IS the top. Funny how that has happenened before.

Once had 100,000 shares of CYD at an average of about .47 cents.......the bulk of it was sold at $4.25-4.50. Good job correct??. I kept a "token" 2,000 shares that I sold later in the year at $17-$22. Before the year was over it had topped out at $37 and change.