Good post...I agree, this is a pretty good interpretation of what happened over the last year and a half or so.. It was around Aug/Sept 2009 that I came across the stock, traded in and out a few times, and finally bought 20K to hang on to at $.1125 a few months ago. Didn't buy more in the single digits like I should have, but like you said, there was a lot of uncertainty swirling with the stock.
I still say you have to protect yourself by selling some when you have a double/triple (whatever you're comfortable with).. You can use those proceeds to buy more if it falls, or just be happy that you can't lose your initial investment. It takes some pressure off when/if the stock takes a tumble, which penny stocks do quite often.
If it don't make dollaz, it don't make sense. -DJ Quik
