I agree. You have to know when the iron is hot and you do not want to be in learning mode while the iron is hot.
No one regrets locking in profits and if the stock goes up more, then you pay a little more to get back in. Not a problem. If you were a buyer yesterday and today, then you know few are selling. It will be obvious when they are.
You really have to watch the ticks by the minute. MM's took it to 8 cents to replenish their inventory of shares...to fill orders near current share price. We will head higher for some time. When the stock goes higher, those that have a lower tolerance for risk will start getting in. That includes micro-cap funds. It is going to get very interesting.
Have fun, and be satisfied if you do lock in gains. But firstly you should know when to take those gains. Do not do it on the upswing IMO. If you are up 60% wait for it to go down and be satisfied with a 40% gain. Know what news is expected. Has it been given yet? Is there a risk of bad news? (oil or FDA approval) That is not the case with KBLB, we already know the news is going to be good. The textileworld article says we are on track for commercialization in first half of 2013. (No harm in waiting for details of deal(s)). After that specific deals for interested Monster Silk vendors will be paying license fees and eventually royalties. The future is big, VERY big.
To each his own. Profit is profit.
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