Sunrise Consulting Group Inc (SNRS)

[rocky113]

Excellent post, I see that our strategy and goals, although unsimiliar in ways are quite similiar in others. The one thing I do hesitate in doing is applying the word "long" to stocks in pennyland (sometimes LOL, as I have made the mistake myself in the past).

You mentioned SPNG in an earlier post, when I bought SPNG at .04 I set a goal to sell a large portion of my holdings at .14.

That did not make the rest of my position "long", it made it sacrificial.

the stock went on to shoot to .28 cents before the owners dumped. Did I care, absolutely not, I made the money that I intended to make on the stock. The term "long" was thrown around like a hot potato on SPNG when in the end a "long" position actually never existed because of the outcome. The people that considered themselves "long" got burned beyond belief as they usually do down here.

So I submit to you, as you say you hold a long position.
How long?
If the stock shot to a dollar tomorrow you would sell, correct?
I know you would.

What exactly is a long position in pennyland?

Think about it Rey, There is no long position down here, only what you are willing to take off the table and what you are willing to sacrifice.