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lowfunds

10/23/10 9:56 AM

#9510 RE: lebells #9509



I'm now averaged down at 0.13...so I'm now ready for any move up!
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19klongbow

10/23/10 12:54 PM

#9515 RE: lebells #9509

Of course I had to risk shares each time I did the rotation but basically it worked like this. I avg down when the pps was at 11 initially by increasing my holding by 50% giving me a total of around 30k shares. Then when the price would hit .125 - .13 I would sell 4-8k shares, always keeping a 20k+ core. Then I would rebuy 5-10k shares when the price would hit .11-.115. Have to have your price limit set and stick to it and have an understanding that you may not get your shares back if the price keeps going up...at least not till there's a decent pullback ;)

I think this next week will be very interesting....possibly explosive. Though I wouldnt mind seeing it touch .11 a couple more times hehe.

GO KBLB!!