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Re: edge post# 550

Friday, 02/21/2014 1:39:44 PM

Friday, February 21, 2014 1:39:44 PM

Post# of 3443
I've gotten advice to once you're up on a speculative stock like this you should lock in profits and buy calls. I'm not up a ton but 20% isn't too hateful. My guy said its a defined risk versus letting all the capital sit out there with a lot of risk.

I got burned on gale letting it run and then collapsing on me is why I'm probably gunshy.

I usually run without a stop loss due to the volatility on plays like this.

Thoughts on any of the above?