Webtime - I agree with you.
If in fact CPRK starts to rise towards 0.01/sh & beyond, a lot of people may want to sell some shares to at least book a profit or break even, concerning people who bought in at various levels as it dropped from 0.02/sh months ago.
However, I think this is actually the time to hold. Good things are starting to happen at CPRK, so why sell out now. From my experience, about 20 years of trading, almost every time I buy a stock & it drops, then it comes back up to where I bought it & I sell it at break even - I regretted it because the stock just kept going up after I sold it.
If CPRK doe's in fact become prosperous (you never know right now because its still pretty much speculative), this stock could very well turn out to be a huge growth stock over the next 3-5-10 years. Growth stocks that steadily climb over years can make a person "big money" as long as they are loyal & hold the shares through the good & bad times.
Another factor is - many stocks have already recovered back to "descent" PPS levels on the NYSE & NASDAQ exchanges so its not that easy to just sell out of CPRK & turn around and position your money real quickly into another stock that is going to make you money. President Obama's health care bill looks like it might pass & Wall St. is not liking this bill passing. The general market could see a sell-off come early next week.
I own 10 million shares of CPRK right now - I've been see-sawing between owning 5-8 million shares the past 3 months, daytrading with 3 million shares on these dips & rallies. I thought about selling some shares on Friday when CPRK was up 40% but I was like - "dont do it this time, just hold the shares" because it could pop in the next few days or even weeks.
If what one poster said is true about the management changes & the STF & LTF etc... (and I dont think he has any reason to lie),CPRK could very well reverse the losses & start the growth stock cycle.
AI
