Greg's Scratch Board

[Gregory_]

I forgot to post specifics on the gain. Bought in at 0.006, averaged down a small amount at 0.002, R/S moved my buy-in prices to 0.6 and 0.2, sold a small portion of my shares on Friday at $1.00, and sold the rest at 0.65.

While I contemplated whether 0.65 would hold and move higher or buckle and drop lower, 2 things were going through my mind:
1. Losses unsustained hurts less than profits gained. (Or, better to gain a smaller profit for sure than a riskier, larger profit.)
2. The 1 minute chart for the day indicated that the pps would continue downward. I decided to go with the chart rather than trust any of my instincts (which would have been wrong probably).