Saturday, May 26, 2012 1:59:47 PM
Everyone has a different financial comfort level regarding their investment in a single stock; I have found mine regarding LQMT.
After 5 seperate purchases, on 5 different days I am where I feel comfortable from both a total dollar amount as well as a total share amount.
My exit strategy has 3 possibilities:
1) At $0.78 sell a third of holdings and cover 100% of total initial cost and ride the rest.
2) At $0.52 sell half and cover 100% and ride the rest.
3) Watch it go to zero and catch the next train.
I want to set an exit strategy NOW before anything really changes other than the couple of pennies a day so I don't make a knee jerk bad decision on a day the stock pops.
What do you other investors do?
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
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