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Friday, May 02, 2008 6:27:48 PM
The age old trading question is always when to buy and when to sell. Each trader/investor has his own formula for that. I am happy to hear some fundamentals discussed here and if it weren't for what I have seen happened with SRSR I would think it was a tad ridiculous. But the fact that SRSR went from .0002 to .09 is an indication to me that it "can" happen with sub penny stocks. I haven't really dealt with sub penny stocks before so this is a new experience. But I believe that TA can be applied to the sub pennies the same as it can the dollar stocks...it is still a picture of supply and demand.
So if you don't mind sharing with me, what is the cost basis of your position in ECCI? Perhaps you were not buying heavily in the .025 and higher area so your million shares at .0014 brings your cost basis way down.
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