Hi MG, I was thinking about Tuesday and our exit strategy...
I think Tuesday is too soon, and we'll probably end up turning s1 into a carcass...here's what we should do:
Phase I - Make sure all in our group that want in on this one are in
Phase II - Do some sincere, public DD for a while (a week,or 2, or 3...?) That should generate more interest and get more people outside the group looking at the stock...It looks like a great value play and a good look at it should generate some buying
Phase III - Then I think it's time to throw it into the big threads. Our holdings, plus any additional interest should generate a pretty good foundation for the big thread to run on.
That should allow us an opportunity for an orderly exit into some good volume. Those two sources will play off each other and allow us to take some off the table. Personally, I'll probably end up leaving up to 1/4 behind (depending on profit) on each of these plays If the quality of the picks is excellent, the increased visibility could easily allow further appreciation.
Now, there is one tactical issue that needs to be resolved. As soon as we enter phase II, and start posting on the co threads, any one "spying" will easily see where we've been, by checking our 'recent posts' in our profile. As soon as we get a few more code tickers on this thread, that should become less of an issue...
SR |