I've managed some of my INs and OUTs on NIC pretty poorly....

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.