Thats a good way to get your original investment back. But don't forget capital gain tax!! 15% long term rate. And normal tax rate for short terms.
Good luck man. You might need to sell above .035 after tax considerations.
If it's long, Original Investment times 1.15, thats how much you need to gain back to cover your original investment after tax deduction. Maybe at .0402 (.035 X 1.15)? Well you do some calculation with Sale - Cost and the whole tax thing.
McS - Thanks for taking the time to respond to me...I was planning on selling half to make my initial investment back, but like your idea of 25%. THANK YOU AND GOOD LUCK TO ALL.
I knew when I invested in QBID that it was all or nothing!! I have a fuzzy feeling inside that it will be ALL!!!!