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02/12/12 2:58 PM

#6438 RE: haysaw #6435

==Then force yourself to come up with several solid reasons===

and there lies the rub..... think we have all been there.... (nice find)

ombo, you once posted you wished people here would have given you some input before a stock you owned went way down... couple years ago or so...

that is not to say that your pymx is headed for a drop, just a reminder that it is easy to fall in love with our stocks....

if you just can't live with yourself should it go up after you sell some, well than that is another issue. You have had some great picks here, but there is nothing wrong with taking some off the table to actually make a profit.

recently I watched a person I had "kinda kept up with" from these boards have a boatload of bpax. everyone on that board was singing its praises. I pointed out that selling some when it hit 4 dollars is not a bad strat.... near quote from the time was, how else do we make money if we don't sell some when we are ahead??? but so in love with the stock they held on, and watched it go to .38, very quickly, once their "dream drug" had some "issues" announced. most of us have been there. You may have the next apple, or amgen, or (fill in the blank,) but odds are that you do not.... all it takes is a hiccup for a lot of these to get creamed....

anyway, hope i am wrong and it goes to 100, or more, some, but very few, do.