re: the ever growing head
Gee after all that time that was the best you could do? You silly fella, I don't go into a stock and grab a handful and sit and watch the screen.
I take a position. The size of the position is in accordance with the availability of buyers and stock.
It would be very nice to be like you but I have to build a position and it evens out over a period of weeks. My VWAP in PHY is not much out of the money. I guess you could call it averaging up.
I like the stock rising above my valuation while I undertake this process.
I am not half way with my short and I don't want the rally to fail. Not yet.
