InvestorsHub Logo
Followers 4
Posts 405
Boards Moderated 0
Alias Born 01/08/2017

Re: Kid-Gloves post# 16235

Thursday, 01/19/2017 3:55:02 PM

Thursday, January 19, 2017 3:55:02 PM

Post# of 116608
You and I are on the same page. I would have taken the profit, too, but I don't have enough shares of RSII to jump in and out. Taking a profit is a smart transaction to undertake. Holding is okay, too. It's all according to what you're trying to accomplish. We all have different investment goals here. Neither is wrong.

RSII is one of those few OTC stocks I've seen that's good to always keep at least a small position in because it really seems the company and CEO are doing good things, such as making acquisitions to promote company growth. That's rare for a penny stock. I wouldn't be surprised to wake up one day and something the CEO has done sends the stock skyrocketing. I haven't talked to him in a while, but he expressed some dismay that the stock price wasn't much higher. I can't remember what he quoted, but it was not in the cents.

So far there is no reason to talk badly about this stock, but to think the stock won't undergo a fluctuation due to market corrections/rotations--even with news looming--doesn't seem plausible. It isn't a "fake out"; it's a fact. Some of the folks selling are probably hedging their bets on buying back the stock lower, which is awesome if they can achieve that.

I'm in the same boat as you guys saying not to be afraid. I'm also in agreement that taking a profit when you can squares with what Wall Street analysts say who actually trade stock for a living.

So far RSII has been a good stock. I can't say that about every penny stock I've encountered.