Well just got back from dentist read your message,and called my broker---sold 2k NASC at breakevem,bought 200 PDYN at 44--and holding all others,as I calculate roughly 60% cash is all I need to handle
the worse,via ridebacks.My c/b in PDYN now 400 shares at 48.50.
Going to sit rest of day out probably.
To those interested,if IMCL gets sucked down today--I think it is a fine buy below 25.
I am holding still,for better or worse PTEK,DEMP,NPLS,PDYN,IMCL and EDGR--all will be probably flashing red by the end of the day I suspect.
So why do I not pull out everything? My reasoning is IF there is a sudden reversal,I want about 40% in place to catch the turn,if it were to happen.Good Luck,Max |
