Originally Posted by
Big Ben
If you have a 400k position on SIRI with an average of .26 and the stock pops to .63 and you watch the entire gain go out the window, your not a smart man! (movie quote sorry) That inaction is not only stupid it should be considered criminal. I know two guys with brochures for land on the moon, you sound like just the candidate.
LOL
Hit the sell button with 300k out the door at .62 round up 186k. Pick up those same shares of stock for 117-125k, not real hard. God for bid the stock pops to .70 and you missed the ride from .62 up to .7...that is the loser anthem. Take a new position at .7, less shares..I understand, but you have that gain in your pocket. In this market, one in hand is better that 30 madoffs in the bush.