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Strategies & Market Trends : Trader J's Inner Circle
NVDA 183.61+1.4%Dec 22 3:59 PM EST

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To: Trader J who wrote (2516)12/24/1998 6:58:00 AM
From: hoffy  Read Replies (1) of 56535
 
>>>>Buddy - Thanks for the words. ASCT - Never be afraid to take 1 3/4 off the table from a $3 issue. I am willing to hold through it here however just to see what happen<<<<<

Takin some profit is never a bad thing but I am holding this one. The buyout looks pretty good and I think the information on it is accurate.
Selling at 5 may be very nice but I am looking for 10 or maybe even a little more. I bought this stock in the hopes of a buyout and the way it's acting is very nice. I am waiting for what I think is coming next week.
If I sell at 5 now and the buyout hits at 10, I will be kicking myself, especially since that was what I was playing this stock for.
Sometimes things happen that you can't control like someone upgrading or downgrading a stock after you buy it or a profit warning. But when you have some info and you are playing it for that info, I hate to miss the run due to that info. I'll be in this until the first week in Jan. Of course it may be bought out before then.
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