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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Michael Baron who wrote (958)7/29/1998 4:52:00 PM
From: blankmind  Read Replies (2) | Respond to of 2752
 
Wouldn't your decision to sell 1/2 position depend on where you got in? - michael baron

i hope you do not yell at me much, but i would not want to sell a stock with such momentum unless an event was about to occur that would have a material affect on the stock. in the case of tsqd, we have all the positives going for it right now, and volume, momentum, speculation, .... why would i want to dump 1/2 just because my price doubled in such a euphoric atmosphere (i know the argument about now you work only with profit)?

next week the ipo comes out. this is where it becomes dicey. is the ipo price of driv becoming built into tsqd now (most will it is)? will driv be the success we hope? what if the driv ipo is postponed?

will i definitely sell 1/2 next week? no, it is still to early to decide. but with the current momentum, i have no plans on selling, even if my position tripled. greed? no, why sell when it appears we have much more gain under current conditions for tsqd?