Ann: Quarterly Activities Report, page-26

I've managed some of my INs and OUTs on NIC pretty poorly. Though on other holdings I've done fairly well so I suppose it balances out.

I should have bought yesterday or even the day prior but other life commitments got in the way of me snapping up NIC before it jumped. I bit the bullet today and bought a chunk, knowing that had I bought a few days earlier I could have caught and easy 10% gain, that hurts. On the positive side I had sold mostly out of NIC prior to the big fall as I was planning to buy in on the share placement, I mostly didn't get caught by the painful fall from grace. So it is all swings and roundabouts.

The way I have managed it with other stocks is by selling 20-25% of my holding and buying back that 20-25% once it drops below 10% of my sale price. It can often be an easy 10% gain on trading. But I keep the 75% in hand in case it rockets.

I don't expect to be playing that game with NIC unless it starts approaching the $2 mark. (which we all expect/hope it will)

PS. My NIC holdings are approaching 50% of my portfolio size. I'm betting big on NIC while keeping cash on the sidelines as I'm bearish about world economy at the moment.