Jara,
If you're new to this ballgame, post any questions you have to me and I'll take my best shot at answering them. It's kind of unlikely that BTOR would jump from 0.04 to $1 in very short order - but, of course, not impossible. If you plan to buy more shares at 0.03+/- averaging down is usually a good plan. You should be prepared to sell 1/2 of your collection of shares at 0.08 - leaving you with what we call FREE SHARES. If the price continues to go up - whoopee; if it tanks you lost nothing as your holdings are FREE.
There are basically to kinds of penny stocks. Those in active play (..lots of volume and price action..) which we consider MOMO's - momentum plays. The others are cheapies that you collect at the lowest possible prices over time and tuck into your Tomorrow Sock.
Most stocks under $1 are Casino Money Only speculations. The lesser of those are Spare Casino Money Only stocks - i.e.: a raving POS ( aka: doodoo ).
Welcome to the BTOR Board.
John
If you're new to this ballgame, post any questions you have to me and I'll take my best shot at answering them. It's kind of unlikely that BTOR would jump from 0.04 to $1 in very short order - but, of course, not impossible. If you plan to buy more shares at 0.03+/- averaging down is usually a good plan. You should be prepared to sell 1/2 of your collection of shares at 0.08 - leaving you with what we call FREE SHARES. If the price continues to go up - whoopee; if it tanks you lost nothing as your holdings are FREE.
There are basically to kinds of penny stocks. Those in active play (..lots of volume and price action..) which we consider MOMO's - momentum plays. The others are cheapies that you collect at the lowest possible prices over time and tuck into your Tomorrow Sock.
Most stocks under $1 are Casino Money Only speculations. The lesser of those are Spare Casino Money Only stocks - i.e.: a raving POS ( aka: doodoo ).
Welcome to the BTOR Board.
John
.......According to the Great Pumpkin, ".....You're in .....iHub....., Charlie Brown....."!!!
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
