Replies to post #49496 on Hannover House Inc (HHSE)

[Harleyman]

ZD,
If it causes you angst, you may want to consider lightening up your position a bit. No stock should cost you sleep, IMO!

[Cpoulsen2]

I have a lot of money in this one too... I've been down 50 %, but I kept my position. This one has a great potential and I think this one will move up 100 % from here before the middle of January!

[Plucky Purcell]

ZDante: We all believe this is going up, but none of us know for certain how much. My plan is to find a conservative point on the way up at which I can recoup my initial investment and ride the rest of the way on free shares. Even if the free shares are only, say, 30% of my initial holding, if it goes to .30, then I'll still be doing quite well. That is my plan; none of us know what tomorrow may bring, though.

I am with you. I have been burned by holding others too long and have long thought about a plan for this. It depends on your buy-in price and tolerance for risk. Good Luck.

[adelevet]

Listen to Harley's advice -- if you're not comfortable with your position size you'll likely be unable to make reasonable decisions about managing it going fwd... remember, the first million is the hardest ;-)

[Engineerbl]

There really is no way to know exactly what it is going to do. So you have to decide where you want to take your initial investment out, and some profits. Once you decide, just put in GTC sell orders at certain points along the way up and just let them get taken out as it moves up. But without a time machine or crystal ball there is no way to know exactly what any stock will do. But with TDGI, the fact that they are not diluting at all, and have reduced the A/S 93% since buying the shell, and has a T/A that is not gagged, makes this a significantly safer stock than most other penny stocks.

But what it does exactly... no way to know. Sometimes you just have to make a decision based on DD and live with it. I've picked out a few points to sell small amounts to get my initial amount back, and then I plan to ride the free shares for quite a while. I believe Eric and Fred can turn this company into a very solid distributor that could eventually support a $0.60 to $0.75 share price at current share structure. And if they ever land that Blair Witch or Twilight film that just takes off that no one expected... well then who knows how high it could go. As long as there is no dilution and as long as Eric keeps being shareholder friendly, I'm fine holding long.

[D9420A]

After reading your post and some of the replys, I agree that you should lighten up your holdings a bit. That said, you don't need to dump half your shares at once. Figure out how many shares you want to sell and split those up into say five equal portions. This assumes you are not paying a lot (or anything) for commissions. Set the price above the ask and let the buyers come to you. You will scale out and not tank the share price. As an example, say you have 100k shares to sell and you think the share price will be .15 sometime in the future. Create five sells of 20k each for different price points, ie 8 cents, 9 cents, 10 cents, 11 cents, and 12 cents (or whatever to recoup your initial investment). You ride the price increases and don't adversely affect the share price. I'm not an expert, but I was given this advice and it seems like a reasonable strategy. Try plugging in your own assumptions and numbers and see what you come up with. Just thinking about a selling plan should calm you down and hopefully avert a panic sale. Good luck to you and all longs.

[nsomniyak]

Regardless of what your plan ends up being, you will feel better if you have a plan and follow it rather than simply reacting to daily market swings. This takes a lot of emotion out of it--just writing down something to the effect of "I am going to do this, and if the price goes to XXX I will do action B, and if it oges to yyy I will take action C. Making these decisions before the fact, when there is time to think them through, really helps. Even if you end up leaving some money on the table, you will be able to say "at least I followed my plan with some discipline". Over time you can then improve your planning process based on results.