Hi Everyone,
Thanks for the responses. I think that the "next available" trade using GTC orders is definitely the most rational way to go, however I agree with Bernie that there is some merit to maybe holding off a bit before executing subsequent trades.
My thinking was that if a stock is going from 20 to 40, you are "shortchanging" yourself a bit by jumping at every available sell. It's interesting that AIM is really a master at "sizing your position". The stubborn AIM trader, after getting his first sell, could refuse to part with say 50 more shares at 30, but would be be happy to sell 75 shares at 36.
Since we can't know what the stock will do, setting our GTC orders at the next recommended prices, keeping our minimums in mind, seems the best way to do it. Then, we can all go golfing like Tom, and not worry about missing a chance to take advantage of a trade.
-OT- I've been to Vegas twice and have a couple old buddies that live out there. I stayed at the Luxor the first time and loved it. Last year when I went, I hit a Royal Flush at the RIO (yes, I had 5 quarters in), which paid for the trip! The funny thing was that the highlight of the whole vacation was the day we drove up to Zion Nat'l. Park in Utah. The most beautiful place I've ever been on this earth. Truly breathtaking!
Regards,
Bill
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