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Re: stockwatcher24 post# 18300

Thursday, 03/15/2012 12:52:42 PM

Thursday, March 15, 2012 12:52:42 PM

Post# of 34897
It's important with sub pennies to take some profits whenever possible. That doesn't mean we need to sell all, I usually keep 50% in case the price continues to rise. Buy and hold forever is never good with these kinds of companies. Wait too long to pull the trigger and you find the price has gone down so far that even a 300% increase won't be enough to break even.
I know this is nothing new, but it's worth repeating now and then.