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Where is the cheese

11/03/14 11:01 PM

#24757 RE: philospher42 #24756

I would say the opposite is true, regardless of total size... if he believes it will retrace, and he sells only 10%, he is able to lock in some profits while hedging against the risk of an unexpected run up.

I like to trade around a core position - albeit I do not have the 1m shares he has.
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david29

11/04/14 7:07 AM

#24771 RE: philospher42 #24756

I think he got bored watching the paint dry and needed to quicken the blood.