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No. of Recommendations: 1
Thanks for the input, Bill! I should have been a little more specific--my trailing stops aren't actually turned into the broker. I just keep tabs on the % gain/loss in price on each stock I own. Depending on the volatility of the stock, if there is a 20-35% drop in price I will sell; although I might decide to keep a particular stock for a while longer if my research tells me that, as you said, the fundamentals are strong. Putting that gain/loss % in front of myself every day--and staying committed to selling to keep from losing either too much of my initial investment (or profits!)--has worked for me. So far, I haven't had any regrets on a sale where the stock turned around and skyrocketed--but I'm sure that will happen eventually!

I agree with you about CNS. Their numbers look good, they are debt-free, and the possibility of being acquired at some point is a real one. I really like this company because they are dealing with basic products that are used repeatedly. BTW, I used the Breathe Right strips for the first time last week, and they worked quite well. I had a terrible bout of allergies that had my nose very "stuffy", so I popped on one of the strips and slept through the night with no problem. So now they have a satisfied customer as well as stockholder!

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