MSGI Technology Solutions, Inc.(fka MSGI)

[CptCrunch]

Laz2, you're on the right track and asking yourself the exact right questions. When to sell and take your profit is one of the most vital and essential decisions an investor makes. The best time to sell stock when it's on the way up, while it's still advancing and looking strong to everyone else. You don't have to think in terms of 100% just take some meaningful % off the table, and then watch and wait, then perhaps sell some more. This way you will avoid or at least lessen your vulnerability to heartbreaking 50%+ corrections that strike like lightening in many market winners especially penny stocks. They will suck your gains away rapidly and unmercifully. You'll never sell at the exact top, so don't kick yourself if your stock goes still higher after you sell. If you don't sell early, you WILL be late. The object is to make and take significant gains and not get excited, optimistic or greedy as a stock's advance continues or gets stronger. Keep in mind the old saying: "Bulls make money, and bears make money, but pig's get slaughtered."

This is a hard lesson for investors, especially penny stock investors to learn. I'd bet you all know people who watched their ever-declining stock, hoping in vain that it would to recover. Some even wait until the stock is decimated and then buy more hoping to average down their cost. That is a fool's game in most cases.

Every investor should have some marks on the wall (or in their mind) that represent points at which you will seriously consider taking some profits off the table. Let's face it, most folks hardly ever buy at the bottom, and even less sell at the top.

I've followed this board (MSGI) for a couple of years. I chuckle at the unbridled enthusiasm and wild estimates that many on the board have expressed. I'm not criticizing, day dreaming if fun. Just don't get carried away. (There's a lot of "group-think" going on.) Have some patience, watch and wait, and when the time is right sell some or all at a tidy profit.