OTCBB/Pink Trading Strategies

[Egeliah]

Are you folks watching what's going on with GZFX?

The last time a couple of you were over on that forum, they didn't seem to like you much... at least didn't appreciate your ST view of things.

Looks like it's going to run up again. OTC stocks and trading is foreign to me... I see some opportunity to make some spare change putzing around with it... maybe fund my Roth this year.

Can I get a few pointers on OTC trading strat based on what's going on with GZFX right now? You know a little live action mentoring sans all the pumping next door in GZFX forum?

I've got a couple positions in GZ right now and I'm not sure what I want to do with 'em. Protect my capital first...maximize my profits next (isn't that what we all want?)

I shoulda sold some on the last run, but it came too close to the year end and I had some losses I wanted to claim, those profits woulda hosed that up.

I think I'll take some profits early this year and move them into my Roths (the wife's and mine). I normally lean toward LTBH so like I said, this is pretty new to me.

Comments?