December 17, 2010
– Comments (6)
For those that followed my old ITMN "buy recommendation post" and still have some of those "old" ITMN shares. I think it might be a good idea to sell a few today ("profit taking").
followed my old ITMN "buy recommendation post"
"followed" the buy recommendation in my old ITMN post.
I currently have 300 ITMN shares in my portfolio (a 2.7% position, see this post).
looks much better now, hehe ... ->
These are the days that you need to get paid. This is the reward portion of the equation that is the key to outperformance I believe.
I was having this conversation with someone just last night.
When looking back I think that missing out on the "full meat of the run" is more damaging then the picks that wind up as dogs. You don't want to get greedy given the nature of biotech's pops and drops, but you just gotta get paid for your risk to fund the stinkers.
Nice one Porte...
If my "bookkeeping" is about right my "fund" is currently in the green by around 50% (see comment #10 here. ITMN helped today obviously ...).
way to go..