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piano benchpress

08/26/10 12:52 PM

#383 RE: sterlingkuning #382

In at 2.67 a few days ago. Sold out today at 3.06. Rather take the profits now before they evaporate. Now that the news is out (see my previous post PM today) IMO this will have a pullback before it eclipses today's high. Can always repurchase shares but in this market when I see a 15% profit in just a few days, I'll take my money off the table and take the risk that this mini-run has played out. IMO this will pull back until another piece of concrete info hits the wires. If market conditions were not so dangerous, I would have left some of this on the table, but it was just too tempting not to take the profit. While I had it. It could have evaporated in this market in a nanosecond and I'm adjusting my trading strategy accordingly.

I hope my earlier post today was helpful to others and that they were also able to profit from this small 3-day run.

Good luck to all!