InvestorsHub Logo
Followers 340
Posts 55542
Boards Moderated 3
Alias Born 02/07/2011

Re: alibabba post# 1977

Friday, 02/25/2011 7:50:47 AM

Friday, February 25, 2011 7:50:47 AM

Post# of 2370
Ali - not sue I follow. So, are you saying he "promo-ed" it and then shorted it ? If so, it does not really matter in the bigger scheme, unless you are looking to flip in and out day to day. You know the last trade I did on cmpcf was exactly that. I was out at .07 and watched it keep going. This time I am at 130K + and am not using it that way, unless it doubles or close to it in one day, then i would liquidate, and buy back in at dip. But, that is risky too, because what if it does not dip back down and redoubles - happened before. I think hold and start liquidating on limit sells when it gets to point where you are comfortable with your gains. If I did not think this had potential and probability, I assure you I would not be holding long.

Thanks - Risk

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.