I have a lot of experience waiting for the big one.

It began as a student in elementary school in the 1960s, when we had drills during class. In the event of a nuclear attack, THE BIG ONE, we were to pull down the blinds, crawl under our desks and cover our heads. Looking back, it's only slightly more ridiculous now than it was at the time. Fortunately, all these years later, THAT BIG ONE never arrived.

Why do I mention this, you ask? Because it is possible for an investor to have a multi-pronged strategy; big stuff and intermediate.

If he's bullish on a stock, instead of merely waiting for THE BIG ONE, he can assemble a waiting-for-the-big-move portion of his portfolio, then augment it with a willing-to-trade-while-waiting-for-the-big-one side position. I fully expect THE BIG ONE to come to pass for KBX. If I accumulate a side trading position that happens to be on when THE BIG ONE comes, all the better. If my trading position is closed before the moonshot, but my other position benefits, that's good, too. If the stock tanks, well, am I any worse off than those who already were all-in waiting for THE BIG ONE?

In closing, I fall under the mindset best expressed by a cartoon showing two vultures, one saying to the other, "Patience my tail, let's kill something."

Night, all.