20070131 It was mid August 2006, you identified Magnum corp as a potential 'buy', a cash generating gaming company (good news) with corporate governance issues (bad news). No analyst recommend buy on this company with 5 consecutive quarters of disappointing earnings. So you decide to enter on technical berakout, anywhere between Rm2.05 to 2.10. The price two days ago hit RM3.06, so you are now sitting to near 50% return. What do you do?
A Sell everything and lock in your profits
B Sell 1/2 the positin and let the remainder ride to stop at breakeven.
C Size up, Add On and double the position
D Do nothing, hang on for another 15% gain to eke out.
E Sit and wait.