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Re: Perseverance71 post# 3862

Wednesday, 03/06/2013 4:41:33 PM

Wednesday, March 06, 2013 4:41:33 PM

Post# of 11369
To be honest you should sell at a bounce and buy back in at a lower PPS. I typically don't hold penny stocks for more than a day unless its a stable one (yes there are pennies and pinks that are stable that move slowly).

For instance I bought before the close yesterday and sold my shares this AM for a gain. I stated it was going to the low 2's before the PPS even dropped below 3; so I waited and bought back in at the low 2's and now I'm up again. If I held my shares from yesterday I would be red today instead of green.

As for the stock tomorrow, it looks like it will retrace back to the low 2's before any type of climb. The close of .027 was pushed and unstable.

All of this is my opinion and whatever you do is up to you. You can click my profile and follow me if you'd like. I've helped numerous members on this site.

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