Monday, July 06, 2009 1:37:38 PM
Also, never be afraid to take a little profit. At least the amount of money you started out with and leave the rest. Can't get hurt that way when playing with "house" money.
If you just bought in @ .04 or higher, yes, then it's tough to take but average down a little when it drops more, if it does, and sell half at even and hold the rest for the next BIG leg up to .10.
I have bids even lower just in case and will add more in a day or so once the chart tells me to. Look for the 10 day MA to hold if this company really has ties to the companies noted in the DD by "RAIN". This could be big time.
I know the people holding a million shares, or millions, will have HUGE swings in profits and short term "down's", on pull backs. Very scary!! But they'll have the biggest rewards if they can hold through these swings.
GLTA
Erik
Coming back a little .029 x .03
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