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 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM