Using this money management trading technique, you are able to take profits at
logical price targets, while keeping some of your money active in the market to ride out the majority of the move.
At this point, we're long past my original (earnings & cash based) Intrinsic Fair Value
target, so it's only
logical to opt for my Relative Fair Value
target (3.5
Price / Sales & Cash, based on comparable M&A multiples — which, frankly, I've never really understood — again, see my original TRIB post).