"AMFE is a "Monster" in the making. I believe this with all my heart... hope im right! lol"
Rocket, In the past I believe you had mentioned that you had made some mistakes during the monster move of monster. Would you be willing to share those mistakes. Because when AMFE goes parabolic mistakes will be magnified.
For Example: Back in 98 I was all in QCOM and needed to buy some equipment for my business so I pulled out 20k. qcom went up over 2000%. Big mistake.
When a penny goes parabolic, How do you hedge to offset the pullback we will inevitably see? With Qcom after it traded 3 days outside its upper bollinger band I would spend 5 % of my position on medium term puts, first pullback close half of that and then take those proceeds and buy leap calls.
Hedging with options worked well. How do you hedge a penny stock?
TIA,
plowguy86
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