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Couple things

Paq13 said: "First off, thank you to everyone who has been of such a great help recently. This is my 2nd month of actively trading and, so far, thanks to you people, it's been a great learning experience and has helped me increase my income by a bit. next, Just a shout out to Mastercard. i bought shortly after their IPO at $46 and it's not hovering at the $60 mark. I didn't think a credit card company would have made such a gain in such a short time. yes, this was my first ever sole stock purchase and i bought it bc..hey, it's mastercard. I'm just glad it paid off instead of buying Vonage like my friends did....50% loss in a few days Anyway, i recently stumbled onto barchart.com and was looking through one of their little top 100 lists and i bought Systemax (sys) bc they recently had some great news and started skyrocketing. Their price was around $8 before the jump and is hovering at $13.50 now. I'm trying to pick an exit price, but i don't want to cut too much off possible profits...i also don't want it to tank. The issue i have is that it fluctuates about $1 a day from high to low, or about 5%. I would hate to set a stop that would be accidentally tripped by a day's low point and not by a stock that is just falling, if that makes any sense. I'm having trouble wit ha trailing stop for the same reason. My problem with finding a selling point is that it gets between 2% and 5% a day increases since i've purchased it. I was recently introduced to finance.lycos.com and this stock has a ton of red, heavy selling arrows..but the price keeps going up...Basically, i haven't figured out how to interpret that page yet. I can't find a correlation between the red adn blue arrows and the price changes. I would think massive selloffs would mean the price would go down, but it hasn't seemed to be doing that..i'm just kinda confused on it. Any insight at all would be very helpful. Thanks again for helping me with such newbie type questions."

Ludemaster said: "first off congrats on MA...I currently have some 1/07 60 calls that are up 31.71% as we speak. as far as determining a sell point for your other trade, why not take half your position off now? the worst that can happen is you won't have as much profit as you would. It all depends on what kind of risk/reward tolerance you have, what % gain/loss are you happy with, shooting for, or can tolerate."

Paq13 said: "I was thinking of taking half now and putting it somewhere else and letting this one ride for a bit. my original intention was to only put half of it in, but i forgot to divide by 2 when buying...note to self, don't get distracted. Luckily, it's paid off so far. thanks for the help :)"

Mr. Gekko said: "MA is probably the best IPO of the year. What was the worst? VG! But, MA and VG have something in common. Incorrect pricing of their IPO. The difference? MA was underpriced and VG was overpriced. Hence, they went in opposite directions."

Paq13 said: "yeah, i was SERIOUSLY shocked at how low MA opened and i debated buying it before i jumped in. Didn't do much at first and hovered at the area, both up adn down from my initial purchase, then the reports came in a week or two ago and poof..through the roof ever since..like 1 down day since then and then days like this with a 2% gain or so..incredible for a >$50 stock i'm really happy with syx so far, just that i think it's starting to slow down...then again, i thought that yesterday, then today surprised me with another 3% gain..Soooo, i'm kinda torn on what to do. The companyhas been in business forever, i'm just hoping that a lot of people didn't just jump on wiht the intention of jumping out so soon. institutional ownership is up a good bit over the past month adn barcharts gives it a 100% buy for short, middle and long term, so that's a good thing. I'm think i'll hold a bit more. Thanks again."

Ludemaster said: "I dont think MA is the best IPO this year, however its def not the worst. I've made my "mad money" with it over and over. I expect a build up to christmas, but interested to see what the after christmas effect on the stock will be."