Replies to post #1046 on Century Petroleum Corp (CYPE)

[olico ™]

I always look at the incoming company and what they bring to the table...that dictates the direction.

[BLight1911]

I try to scale out when the price spikes up rapidly. Often I buy back in on the dips. I try to get in early, take profit after a couple of months when the price really booms, then ride free shares. I got in CYPE at .0035 and .0037 so I got lucky. I will be perfectly honest and tell you that I’ve only sold a small chunk of shares so I could break even. That’s was a couple of weeks ago but the price wasn’t far off from today’s action....but not as high as the close. I’ve made the mistake in the past of selling way too early. The share structure here is smaller than other Arcaro plays I’ve been in. It’s always a tough call. Profit is profit.