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gym gravity

06/15/10 11:03 AM

#363 RE: JJM760 #362

Is ARIA a religion for you or are you "in this to win"?

Sell a few and "be right"

Find a new stock with the money and never look back.

There is no special prize for being the "longest long" if this doesn't pan out.

Whosetosay

06/15/10 11:13 AM

#365 RE: JJM760 #362

You have to know yourself with respect to ARIA, i.e. know whether you are a trader, investor, or both, meaning that you trade the stock frequently, bought it and will hold it until you get out, or trade part, hold part.

I suspect that you, like me, and probably most of the longs on this board, buy and hold as investors. Unless you are a gifted trader, trading this stock exposes the risk you point out, missing the moves, or part of it.

The current trading in the stock is near meaningless. A few hundred thousand shares bought or sold pushes us 2, 3 4% in a blink. We are shorted, traded in a near cyclical fashion. Few can compete with trading by a coordinated pack of attacking hyenas on some massive trading floor.

News and meaningful, sustainable revenues and earning will mow us, in that order. So if you can, hold on like you have in the past, and sell at a point you determine to be your sell point.

Selling is hard, sell bits here and there once the big pop occurs. Pay yourself. My advice.



chazzzzz

06/15/10 9:57 PM

#380 RE: JJM760 #362

If Aria is a large portion of your portfolio, you should be selling some. We all know the prudent investor diversification crap, but if you can trade options, I would consider selling some calls on a portion of your position. Earn a tiny bit of income for waiting. Look at the potential timeline of events and pick your spot. Volatility is low right now but I would go after the Nov $4's for .70 or above if the stock ticks up a bit.

If there is a news event soon then I would be selling calls at the Nov $7.50 strike on the 3rd day of the event. If you get taken out at $7.50 by Nov. then you are "genius".

If you can't trade options then I would be selling equal amounts all the way up at .50 increments.

Yea I know it is tough but there is always a pullback no matter how confident you may feel about an investment.

Good luck !