Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (4098)	10/14/1998 4:13:00 PM
From: Smilodon	Read Replies (2) of 18998

A question about methodology. <<As mentioned some time ago, Mr. pink threw the towel in on TNSI >> How do you determine when to "throw in the towel?" Do you use an explicit stop loss, rely on gut instinct that the trade is not working, reduce short exposure on the assumption the market is bottoming, or did something other than price action cause you to change your mind? I was just beginning to do some detailed work on TNSI and was actually pleased the price has run up as I had no position. If your negative views on TNSI fundamentals have changed, I would like to know. Also, while I don't post on this thread very much, I do appreciate the information you convey in this forum. This is the best thread on any of the message board and I have learned a lot by reading it. Thanks in advance, Archer

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