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You are missing my point...

If you fully expect the stock to double or tripple from current levels, and then retrace down a bit, why wouldn't you sell? I understand you have a much higher cost...

Siriusly Long: You said if you were in at 0.14, you would consider selling...

What does that make a difference? If you are sure the price will spike and then drop, you could sell all of your...

This technique is really best used by someone who follows the market on a VERY regular basis (read: hourly) like you do Trip. Someone who follows that closely can see paterns emerge and can see...

I understand that, and the method has to be modified for most stocks. (Most stocks you cant wait until they double or quadrupal to take profits.)

The great thing about Sirius is that the price is...

Well tripping, let us do a little bit of math.

I am going to round the shares and cost basis for easier calculations. He has 20000 shares at 0.14. Total cost of $2800.

If Sirius doubles to...

Generally the best bet when dealing with companies such as this is to sell 10-20% of your holdings after a large spike up and take profits. You are basically at 0.14. Lets say Sirius spikes up this...