Poker Strategy 201 - Fold or Play

Here is your situation, WHAT DO YOU DO?

There are four players left in a single-table tournament with three getting paid. Sitting in the big blind, you look down to see Q-Q and your happy. You have $3,200 and third in chips. The blinds are at $200/$400. The other players chip counts: $5,000, $4,000, $2,800). The chip leader under the gun moves all-in and is called by the player who is second in chips. What should do you do?

You can make an argument for the call and the fold. This situation is frequent for online players at SNG’s or Satellite players trying to win into a bigger event. These plays often play over and over so the question is what do you do?

Post your opinion and I will give you the results of the actual hand. As well as my opinion on what I would have done.