Unhedged, it depends what your absolute exposure is. The problem...

Unhedged, it depends what your absolute exposure is. The problem with trading is you run the risk of missing the train and expose yourself to capital gains liabilities. When we're talking about hauling in multibaggers I'd much rather hold for 12months and bask under the 50% umbrella then paying the tax man a large chunk of my gains... unless of course you plan on hiding from him! Personally I prefer to play by the rules ;)
And remember hindsight does not give you foresight, especially as I agree with zann that FAR throws from left field more than anything else.