Thanks for the info. I had read back posts on the board and didn't see any definition. I thought it might mean to sell, but I couldn't figure out why somebody sold and rebought within 20-30 cents. I'm more of a long term type investor.
"it comes from Jim Cramer. it means selling part of your holding to buy back lower"
No problem! I have mixed feelings about the "schnitzel" and this is one of my first times using it. has made me some extra profits here so far. But I do watch my stocks everyday...if you don't want to be that tied to it you won't want to schnitzel.. GL!