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Re: itza65 post# 14273

Wednesday, 09/15/2010 10:09:59 PM

Wednesday, September 15, 2010 10:09:59 PM

Post# of 119177
No one can tell you when and where to sell. And no one really knows where it will go. Selling at a high and buying back lower is also very hard to do. What a lot of people do to ride free shares is sell a portion of their investment when they feel comfortable to sell, and then hold the rest. People choose different based on different things. No one can (or should) tell you when to buy and sell. What some people use are previous resistance/support areas for entry/exits. It's all based on your risk tolerance. Do you think it's going to break the resistance at .0065? If no, then that would be a good place to sell some to get back your initial investment. If yes, then hold for the next leg up, looking at previous resistances (but in this case, there really isn't any) to sell. Another place people usually sell at is round numbers, like .01. But, if the right news is released, it might shoot up multiple pennies. It's all up to what your risk tolerance is.