Monday, January 06, 2014 1:22:22 PM
I have a substantial holding in mslp, 8K at a cost around 9.5 I also have a new position in bzne of 30k shares at a new cost of .60 I have already taken a profit of $5K on bzne and about $30K of mslp several months ago.
I have not played a lot of penny stocks and just wonder exactly how you trade/play them. I am really not counting mslp as a penny but many still do here so I will add it in. What is your strategy for getting in and exiting. Is it after a certain profit, say 30% take 50% off and let the rest ride with a stop in place. Or is there some other magic that you use.
BTW, take a look at mnkd. It will have its day and it will be huge when it does.
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