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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: zurdo who wrote (10624)3/9/1999 9:24:00 PM
From: Patric  Read Replies (1) of 27722
 
<<But there is less risk when you take a moderate gain...More risk if you want more...It's difficult to determine just exactly when to sell...>>

Agreed. Also, the percentage gain goes down as the price goes up, so that after the majority of the likely potential gain has been realized it may make sense to take the gain and put the money into something with a bigger upside. E.g. from $13 it only has to go to $26 to double (likely to occur, IMO). From $26, to double again, it would have to go to $52 (could happen but only if conditions are optimum, IMO). Somewhere in that range I'll be looking for an exit point.

#B~}>
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