Replies to post #1092 on A.I.M. Users Bulletin Board (AIMUSERS)

[Rien]

Hi Conrad, XT. A stop loss is a great way to implement a "Vealie". If your cash reserve is swollen, and you want to pull a vealie, then move the shares out from AIM as if you would sell them. You are now in debt to AIM, you own it money. But you still have those shares. You put a stop loss in that would guarantee that you will be able to pay AIM back it's dues. If the stock continues to rise, you keep following it up. Suggested amount is 20%. I.e. every time the stock makes a new high, you adjust the stop loss up to 20% below the new high. Never adjust the stop loss downward!. If the stock in question is not a tech stock, then less than 20% is also perfectly acceptable.

Best,
Rien.