InvestorsHub Logo
Followers 59
Posts 2372
Boards Moderated 1
Alias Born 01/22/2014

Re: skyr0cket post# 66138

Friday, 01/24/2014 11:00:15 PM

Friday, January 24, 2014 11:00:15 PM

Post# of 194796
Good question and here is my best answer, nothing is sure in the stock market but if you wanted to invest now is the time while the price is affordable for a decent amount of shares, we are in a consolidation phase now which is typical after being overbought but the resistance held and will spike up again soon (all depends on news, PR and many other factors). The resistance has been tested a few times and held which shows its a strong stock not just a pump and dump but any pink penny stock is a risk, and in my opinion any stock can be a risk. Anyways, the safest thing you can do for example is: but 10,000 shares @ 0.0450 ($450) in your stock trader set a stop-loss under the sell section for whatever price (0.0315) if it ever dropped to 0.0315 if goes to market automatically to sell, you dont have to watch it minute to minute. when the stock rises adjust your stop-loss accordingly if its selling at a strong 0.070 then set it to 0.0525 move it as it moves up but don't keep it to close cause the market markers will get ya. You can invest $450 and hope it reaches 0.50 ($4500 profit) then a dollar is double and so on. there are safe ways to buy stock (setting limits). I will tell you from experience, when they drop like they did on Thursday its not uncommon, the newer ppl get scared and sell fast and others who set there stop-loss to high automatically sold and thats how the market makers recover there shorts (different subject, google it). Every company has to start somewhere on stock price some at 0.0001 others start at 25.00 but they both can be winners or both can fail, depends on their business, plans, news, revenue Ect. The charts look good and I would think in the next couple of days we will be up again since its consolidating (cooling off from over buy). $450 can make a lot if all goes well. Good luck