treasure island, page-16

"...Yep, sounds easy..."

Yes, often in theory only. The point was to let the winners run and then (ruthlessly) sell when it hits a trailing stop. Can always reenter, even at a higher price than the exit. ie if the trend rerses from down to up.

I'm a long term holder of several million FML. Would have made a lot of money if I had followed the above. Trouble is that emotions often get in the way.

However, if FML does eventually make a run to, say, 50cps (let me dream)I will not sell unless it drops gack to, say, 40cps. Point being to not take profits until the trend reverses. Currently we do not have to worry about taking profits. Must abmit that I thought early 2010 was to be FML's time. Maybe next year.