Elite Pharmaceuticals Inc (ELTP): Some will take profits.... And for my...

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Re: DR Ryan post# 211654

Wednesday, 07/13/2016 2:35:23 PM

Wednesday, July 13, 2016 2:35:23 PM

Some will take profits....

And for my own part, I don't have a problem with that....anyone who sells for more than they bought won. But after selling a lot will keep checking back, wanting confirmation that they made the right decision, and that's where the fun can start.

If ELTP starts moving higher, and someone sees it go higher than the price they sold at and keeps moving...you can bet dollars to donuts some will end up chasing, angry for having sold too soon and leaving some $$$ on the table.

Its not right or wrong, good or bad.....its just what happens.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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