Replies to post #147244 on Monk's Den

[Weave]

Monk can answer this best - and I am by no means a veteran.

When the squeeze occurs - you will know it. During that time - the price will rise fast & furious. When that time comes - there will be more than enough time to exit and do so by always selling at the ask.

But again - Monk can answer your questions best. I am but the new padawan - Monk is the Jedi master.

[Connie]

Hi Pam,

We do not have a pre-determined price at which we are all going to sell so not to worry. When the MMs start to cover we will have a better idea of where this is going. If you haven't signed up for Monk's e-mail you should do that so when he sends updates of one kind or another you get the scoop from him.

And welcome to The Den!

[sidesh0wb0b]

gave you your first person mark! welcome to The Den!

[FoodStamps4stocks]

I marked you too :) I just started reading this board Friday evening.....and you asked some questions I was wanting to ask.

I am going to be buying into CDIV,GRNO and EIGH starting Monday. May as well have my 401 and Roth doing something. :)

I am a baby chartist...always looked at plays like this and thought it was too late to get in. Look back later and kick myself in the butt. Didn't understand why they kept going up. LOL

[Maico501]

Welcome to the Den Pam and another person mark for you too. I will add that when the stock starts to sky rocket and the volume goes up with it we will not all just dump, that is not the way this works. Monk has recommended to sell in clumps of ever increasing higher prices for the MM to have to reach up to, you will pic your price based on your own interest as it is your money. It is also not best to set a sell price now, wait until it takes off in a big way, we are a strong team so we are not going to be under cutting each other.

[Monk]

we exit as the short squeeze gets in full swing... trust me.. you will know....

[KurtNYC]

Pam, MM and shorts play-by-play

I asked almost the exact same question a week ago, got pointed to this and found it useful in explaining the mechanics of this type of short, and actually written by a former MM.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=15625415

hope it helps, I am also in CDIV, and my target is over $1, but for me this is more of a test run to learn.

kurt