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Re: omer1 post# 8290

Monday, 11/23/2009 8:13:39 PM

Monday, November 23, 2009 8:13:39 PM

Post# of 28888
I agree. I have only been trading for a year now and I have learned a lot in the past year. Me and a friend I work with started a year ago. Both of us had a different approach on penny stocks. He refuses to sell for a loss. I think I sell too quickly and take the loss.

With that being said, he made a killing of SPNG. I sell and take quick profits (or small losses).

I definitely try not to hold these things for too long. I got caught in a r/s with ARTS without notice. Man, that was the longest month of my life. They had a good 3q report and I got out even.