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Re: mmrich1 post# 9211

Thursday, 09/26/2013 10:33:45 PM

Thursday, September 26, 2013 10:33:45 PM

Post# of 40501
Right on mmrich. It's important to evaluate what is causing the movement, and decide when the run is over. The reality or INO, while everyone talks about it being over $3, is that it was there for only a moment it really topped out in the $2.70s and gapped to 2.90s and flashed at 3.03, the right back down.

It's a great stock and an even better story, but I have been in and out several times from July to now. It has transformed my Roth IRA to formidable anti tax machine. I have taken it off he table for short term investments in stocks like LeapFrog and Blyth. But I live online from 9:30AM to 4PM almost every day, so I can respect why some people buy and hold. I just don't have the patience, which is good for me.

My suggestion is when your stock pops, if the move is due to articles or PRs and not news that alter the fundamentals, ride the enthusiasm but when it tops and falls back, sell on the second surge. Most times, even if it runs past your sell point, it will come back to or below ,leaving you no regrets, and opportunities to re-enter knowing you are I ahead of the game.
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