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el jefe

06/02/11 10:58 PM

#445 RE: Topfuel #444

it really all depends on the stock, goal, and volume. If were to use a flip of CNUV for example which trades in the .005 on average at pretty good volume, then I could probably sell off 500k without a whole lot of trouble, so staggering only costs extra trading fees.

However, something with a tighter share structure or higher price may be harder, so it may automatically be broken up for you. A low price 000 stock or something like it usually trades hundreds of millions of shares, so a piece of cake to get rid of.

Now, different scenario:

Let's use a LONG stock goal as a scenario where you aren't really flipping, just holding out for long profits. Then I set benchmark sells ahead of time for myself, and adjust slightly accordingly if needed.

I.e.
I buy 1M shares of XXXX at .005
I set a 30% sell at .01
a 30% at .03
and the remaining I let ride as high as it can go.

Obviously, depending on the potential, the trading pattern, and personal preferences these numbers are not set in stone.

answered?