Wednesday, May 04, 2011 12:00:39 PM
The rest I am holding for a run that I feel is coming. I don't know how long it will take, could be today, could be months from now, but I think with the right news this stock will get back into the .00's and maybe with the right setup get all the way back to .0's. I will be a seller when that run starts to die out. The key is to sell on runs and buy on the quiet. Everyone here is trying to make money and don't let what they post on message boards fool you into thinking they care about your money.
I remember what you said about you holding this for 2 years, however, the percentages say that there is a decent chance that this stock/company won't even be around in 2 years. 99% of penny stock companies fail. Also if you look at the charts, almost all penny stocks have a couple of huge runs and then the price eventually falls back down to where it was before the run, the gains are hardly ever held. Play the percentages and you will make money. Hold out for that 1% chance that they will eventually make it to the big boards and you are simply playing the lotto.
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