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Re: Holycroc post# 1010

Thursday, 11/19/2009 6:42:11 PM

Thursday, November 19, 2009 6:42:11 PM

Post# of 9201
Yes HOLYCROC, most are short term...atleast for us. I don't hold a penny stock any longer then a month at longest. Most of mine are bought 1 day usually sold within a week later. Unless your waiting to regain your loss, 1 way to look at it is ( just because your pick is down does'nt mean you've lost money, it's not a loss until you sell, most penny stocks always come back up at some point) That is also why you play a few picks, if you are good most of your picks will be winners. For example..I had a 95% gain on monday I sold and cashed out, and a 35% gain on tuesday and cashed out, im not crying that this pick is down, will just simply wait on it.