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Specializing in the design of mobile video and multimedia systems and solutions based on OFDM technology Since 1990. Posts with name calling, lacking clarity or excessively verbose, will be deleted. Viewpoints pro or con always welcome

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Message: exit strategy, and volatility is your trading friend.

exit strategy, and volatility is your trading friend.

posted on Jun 10, 2008 08:10AM

right now we should be a trader's delight if you believe in this stock and its potential even if you only believe it is worth 1.00 .... if it is worth more all the better.

Here is a suggested way to play your core stock if you believe it could get to 2.00 or more. and you have an avg cost of .50 or less. (a triple). If 5.00 start trading at 2.50

When it hits 1.50 take 1/3 out ... you have your original money back ...

at 3.00 take out half ... you have doubled your money ... at 6.00 take out half of the remaining portion ... tripled your money .... ride the rest as far as you think.

<><><><>In the meantime .... Here is how to play this and make a few dollars while you wait for your reward ... you have a core position ....

hold it ... and decide if the above strategty works for you .... nothing goes straight up so decide an additional level of stock you are comfortable trading ... by on dips sell on peaks ... simple of course.

<>

<>I picked up 25,000 shares yesterday since I think we are close to a

bottom and a mere 10 cent jump means I'm up $2500 on a 12,000 investment

in a few days a week .... whatever time horizon I can live with as a trader.

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