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Great Idea but the implementation is not that easy though. Any way we will add it to our list and think about an incorporation.
I see your point, but there already is an animation which visualizes the selection by increasing the selected sheet or stack and greys out the other documents. So it should actually become clear which one you picked up during the tap'n'hold-gesture. If we would increase it even more you would loose the overview for your unselected documents.
Do you know about the option to tap into the edge of your sheet to move your cursor? When you do this with one finger the cursor will jump letter for letter, two fingers and the cursor will jump word for word. I think this could be a good option too to get your cursor at the right position.
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