Replies to post #6744 on Inovio Pharmaceuticals Inc (INO)

[Insanant]

I don't know how others collect free shares but once they are free shares I don't dip into them, unless I am ready to sell.
So when shooting for more free shares, I personally take the loss in $$$, not stock or I will reverse flip the new shares till I reach my risk limit. Not all that risky if you know what you are doing. Then again, you are right, it doesn't always work out and sometimes I lose a few hundred or thousand, depending on the stock.
INO

[mackwheaton]

All due respect to your opinion, but I could not disagree more. I bought and held stocks only to see my positions get decimated by a bad market. Trading wisely enables you to protect your gains. There is always a risk that a stock will run away from you but that's the trade off to locking in some gains, you may leave some on the table. I know it sounds stupid, but when, absent of tangible news, a stock moves up or down and the slope is too steep for a dirt bike to climb, it will be overbought or oversold. I am comfortable that I will get that right 8 out of 10 times if I maintain my position long enough. So far I have guessed right 4 out of 5 times in this run from my initial position in the .60s. My only mistake was buying some back too early, but I was able to right that error by averaging down with my last buys on Monday. I never sold at the highest high or bought at the lowest low but it has there is enough margin for error to both protect my profits and add to my holdings. Good luck to though if you are long, whatever your style.