$heff's $tation of $tocks & $olid DD

[trade2much]

Wildcard On this, as most, there is a catalyst with a date, but locking in profits as you know is always a good thing. Reentering on a pull back is many times also a good thing. In our bio world when you have a catalyst there is normally a run up of some sort months prior prior and we try to get on and ride for a while, then take profits and perhaps reenter, or perhaps not.

17% on a short hold is one I will take most times myself, as would many, assuming I am lucky enough to get there. I am not a buy and hold sort, and many on the board, including Sheff are not here really for that. Lots of turnover and decent gains should generate a good year end gain.

So that is why doing what he did is what many of us would love to do. Holding merely invites retrace, so why not sell at a set % gain, then just reenter and have greater gains.

Everyone trades differently, and we all wish each other the best of luck.
Jmho

T2M