itznotwillis
If the gap does not fill, it would be a VERY small (like 5%) of my position that I would try and flip. I held all the way up from .029 to .128 and back down with other buys at .04, .06 and then averaged down again at .03 and .016. Had I flipped a small portion then, I would be sitting prettier now.
I will not chase it any more though. I am done with investing what I feel comfortable losing. I will hold at least 85% of my position for 2+ years. The other 15% will be used to cover when the PPS moves to that point. Or if the gap does not fill, 10% will be my cover and 5% will be a short position. If it does not work out and we never fill it, the 5% will not make a whole lot a difference in the whole scheme of things. Thanks for the advice though. I am long term, but there is nothing wrong with a small short position while we wait.
Regards,
Fizzlegig
