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Re: Drewfers post# 21123

Wednesday, 05/14/2014 11:10:09 AM

Wednesday, May 14, 2014 11:10:09 AM

Post# of 42624
On wild penny stock pops it's often best to keep 30 to 50% reserve for this very reason and sell the rest. You walk off with a very tidy profit regardless of what happens in the future to the stock, and you still enjoy all the long term upside if the price keeps rising.

Very few penny stocks experience that kind of rise, so once they do hit double digit pennies, there's actually a good chance they'll move closer toward a quarter or higher.