SWEET SUCCESS (fka SWTS)

[VERYLONGSTOPPEDDRINKINGTHEKOOLAID]

Mugur, sounds like the right plan to me! Selling half at your double is the best way to play these stocks.

Allows you to keep riding your winners while taking out your capital to invest into another potentially great long term hold. You can always buy more on dips, keep your core holding and consider swing trades as well for added profit based on support and resistance points.

The real excitement comes in when a stock like SWTS becomes optionable! Then you can become an even better investor by writing covered calls every month or two and really cashing in on your success. I have used this technique with my favorite stock, PMTI over the past three years and have seen my 99 cent stock go to $30 on a very significantly large position. Dollar-wise, PMTI is my largest holding in my portfolio to date, but I am fully expecting a couple of other stocks I have to surpass that within the year.