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Re: johnnyfin79 post# 34347

Monday, 07/18/2011 9:30:17 PM

Monday, July 18, 2011 9:30:17 PM

Post# of 79471
I would say when you get comfortable with a number you've made and would not be happy should you lose that gain, then you should take your profits (atleast some, especially when we get to .10 which would be a 2,000% gain from here)... realistically just think of it this way - if your current investment at .10 is worth $50K (just throwing that number out there) would you be willing to invest a new $50K at .10 b/c you still believe price will go up further? If your answer to that question is no or your not sure then you should take your profit.

Another thing to remember is that long ago when the price was multiple dollars, there were less shares in float. The greater the shares, the more it takes to get a stock price to move higher. Although we are on the cusp of greatness, I think the idea of this going to $10 is a wet dream. $1 may be very possible a year down the road but I wouldn't be as optimistic as ten b/c that would make the market cap of the company somewhere around $10B.