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lazyazzdaddy

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lazyazzdaddy

Re: PinchinPennies610 post# 59539

Tuesday, 05/08/2012 8:59:43 PM

Tuesday, May 08, 2012 8:59:43 PM

Post# of 102667

Advice from seasoned pros please! Bought 14,100 at .0016 over a month ago.

Would you sell to lock in a profit and rebuy on a dip or wait for the 17th?

Or even sell partial and rebuy later?

Such a small amount invested but just getting started out of school. Any advice greatly appreciated!!




Well, seeing if you add in the trading fees ($8 in - $8 out =16) your only about $16 ahead, I would say, just let it ride...

14,100 x .0016 = $22.56
14,100 x .0039 = $54.99

$54.99 - $16. = $38.99 (current price minus your total trading fees)

$38.99 - $22.56 = $16.43 profit
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