Hi Kuwl,
You still like Abi? Their earnings are coming up next week.
Stone: Abi is my girl. I have so much love for her, I'd create my own thread for her, but I dont want the Mods to yell at me for having too many threads, lol.
Seriously guys, I will break this down real quick. I own a huge position in ABWTQ. However, like every other "investment" I own, I will always keep a core position (the roulette plays being the only exclusion). Abi is an investment IMO, though a high-risk/high-reward one. The risk is the BK cancelling commons.
With that said, I always own "trading shares." I buy these on the dip (like with ABWTQ on Monday when I bought 8k at .18, and today another 2k at .19. I support the bid the majority of the time. These trading shares I usually try to flip at 100% gains, sometimes less, just depends on the market. I'm comfortable with selling these shares; however,
I will not start selling my core position in ABWTQ until at least $1. Things might change, but it would only be for me holding out for more money.
Believe me, there will be a few dips on the way up to $1, so you need to have trading shares that help minimize the losses and maximize the gains. That's why it's always important to have cash in your account.
FWIW:
Near-term Price Target: $1+ (Q1 '10, probably earlier)
Long-term Price Target: $5-10 (18-36 months)
All IMO of course, but I'm a believer, lol.