I am going to try to draw a comparison between the longs and day traders on this forum by going OT.
I have been long on NOT since mid July 2007. I do hold an enormous amount of this stock and my cost average is under .60. When I decide to invest in a company after much due diligence, I pick my exit point and mostly don't worry about the day to day events as long as the end result is still in sight.
Another stock that I have accumulated is grw. Same scenario except that today, after listening to some posters on here describe their short term gains, I decided to try dumping a half million shares for a decent gain and buy back later. The net result is I got a short term gain and it looks like I am leaving a whole bunch on the table.
What I am trying to say here is that I will hold through the recent doldrums and sell just short of the peak. My selling price is already decided, $27.00/share
K