Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: Zincman who wrote (12246)	4/24/2007 2:53:24 PM
From: chowder	Read Replies (1) \| Respond to of 13449

Re: MVIS ... Price came within 20 cents of the profit target. Yesterday's price action suggested the overhead supply was hitting the market early. Price action dictates protecting profits and minimizing losses. Price could come down to $4.20 where we have additional price support. The amount of profits in hand should determine which strategy is the better one to use. Lock in profits now or wait and see if price support holds and a reversal comes into play. I prefer to do both. Sell part now, hold the other part and see how it plays out.