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Re: sjames41 post# 12449

Sunday, 04/18/2010 5:54:35 PM

Sunday, April 18, 2010 5:54:35 PM

Post# of 64332
If I were you, I wouldn't try to play the stock that way.

If you have the money to buy more, than buy more if it goes down to .097c

It's not worth taking the chance at missing the move up, to sell the stock you own to buy back shares. This stock could quickly turn up on you and you would have to chase it to try and buy at the price you want and may not get it.

Just stay in for now, and if it dips lower buy more if you can.

As I say, it could dip at 9:30 am, and then stage a rally at say 1 pm, and you could be ouside cutting the grass and not be aware that the stock turned up and miss the move up entirely.

Intra-day moves in penny stocks are very common. You can miss a move easily if your not watching the stock. Usually a company will release the news in the morning and the stock moves up on that news. But the move up might last for an hour, 2 hours, or all day. You have to be ready to make your move to sell at the price you want.