bradah

Apple's iPhone: Buy the Hype, Sell the Launch?

Malkiel, I've often thought of the trailing-limit-sell as a great way to protect profits. I bought in the 40s and don't want to lose any more upside potential. Many sold long ago only to wish that they had held......never thinking the stock would go this high. Now, analysts have $160 targets? Whoa!

Any way, I was wondering if you/someone might point me to some good sites on how these trailing stops work (and how to utilize them well).

One other question. What happens if you set one of these stops and the stock splits?