Replies to post #6520 on POW! Entertainment Inc. (fka POWN)

[DayofReckoning]

it was pushed to those levels, the boys are taking their profits, needs an official pr to carry past .20 imho

[sunday256]

If I had to guess is because the story doesn't actually go into much detail. It's not uncommon for movies to be pulled from production or delays to push out production.

For all we know, just because they have a producer doesn't mean they have a shoot date and a cast assembled. Until there's a PR and more concrete facts...right now it could easily be speculation or it could all fall apart.

[CTigerHDragon]

I think a few profit takers... there are always people who will grab a 200% gain - some NEED to do that to pay bills - some people grabbed a 150-200% gain on SOME shares as they sell in increments as it goes up in price. Many people cannot resist taking a profit (they see the trees before the forest).
Sometimes they are right and they are the winners - but this time it looks like HOLDING for the PRs and maybe beyond for some or many is the best bet. With DISNEY involved - I think we are safe waiting for the PRs because this is NOT a typical penny stock where often there is no proof of a real business. We have Stan Lee and Disney --> safe to hold for the BIG PLAY when the PRs come out.

Look at man big runs in stocks and there are always big dips (bear raids, MM games, shorts covering, flippers, profit takers, or lulls in the trading). I cannot say to hold forever but I think it is a good idea to hold until Disney releases the PRs - even if there are dips during the day.

Just my opinion