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Microcap & Penny Stocks : SMID - Smith-Midland Corporation
SMID 35.26+1.5%Dec 26 3:59 PM EST

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From: raddad9/14/2005 12:09:39 PM
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To:Jane Hafker

I know it's frustrating to let profits slip away because you believe so much in the long term story of a stock that you are reluctant to hit the sell button.What I try to do is no matter how much I like the stock is to sell in stages on an up move in the stock.Example: If I am holding 10,000 shares of SMID at 3.00,as it made a run to 3.75 I would start selling around 3.40 and sell 1000 shares on every 10 cent upmove.Usually I am left still holding some but at least I took some profit and raised some buying power in case it drops back again.It's not an exact science but it has worked pretty well for me.I think it's important to be committed to the long term story of the stock,so you are not afraid to buy the dips. I hope this helps.
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