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Strategies & Market Trends : AIM Questions and Answers

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To: OldAIMGuy who wrote (185)7/25/2001 2:47:30 PM
From: Nimbus  Read Replies (1) of 221
 
My min trade is 5% but Newport says sell 33% (stock jumped in a week).

The problem is that if Newport says to sell 700 shares at $10 and you sell only 300 at $10, Newport does not reset the "channel" to say $8-$12 until you actually fulfill the sell "demand" of 700@$10 (or so). I could either sell 400 more at $10 to make Newport happy right away and get the channel up to $8-$12, or I could sell 400 over the course of several weeks at higher prices (God willing) until Newport HOLDs me in the new channel.

I am all for taking AIM profit but in the case of this company, it is increasing fundamentals on all fronts and the chances of it going higher is much better than it falling back to where I bought in ($5 range), so the nasty greed side of me says not to sell anymore. I am now at 25% cash with it so I don't "need" to sell. Is this going against the AIM doctrine ?? Is there a penalty ?? ;-)

I already have SELL SAFE at 20, and BUY at 0.

Thanks for the advice.
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