Evolucia, Inc. (fka ILED)

[Snowy_Owl]

I'm liking this discussion group. The members seem to be of good caliber. I particularly like how individual reports of "wins" include the admission of a bust or two. No one bats a thousand.

I liked your question. It's one that I struggle with a lot. My personal makeup is to buy and hold and I'm working on getting past the "but what if it continues to climb after I've sold" mentality. Many people sell the minute they double their money. I hope we hear from others about their strategy as I am also interested.

One thing I forgot to mention yesterday is something I initially struggled with. If I owned one share of a $100 stock or 10,000 shares of a one cent stock and the stock doubles it's a 100% gain either way. I think it's human nature to feel the 10,000 shares are somehow more desirable. I fight it all the time. A personal quirk that seems to shared by many.

I use Low Trades. For three reasons. 1) I dislike fees of any kind - Low Trades is $4.95 per trade. 2) I felt I needed to force my motivation - To avoid a $50 inactivity fee one must complete one trade every 6 months. As you may have gathered from my posts I'm a tightwad. No way will I pay a $50 fee. I looked at it as a way of forced savings and its worked for me. 3) It would now cost me $25 for a check to cash out or $50 to have shares transferred to a different provider. I feel a little more locked in than I would like.

I sold Norsat (NSATF) yesterday and NEOP the day before. I'd forgotten about the 3 day wait until the cash is available so was unable to buy SUNV on Friday. Does anyone have an opinion on the short term movement on this one? Will we see a further dip before the speculative climb? The stock dilution is a bit bothersome and people may get scared off and unload? Right now I'm thinking if I can get in more shares at .12 I should still do well. Of course single digits preferred. All ideas welcomed.