mikerub, I will probably not sell more tomorrow . . .
I choose to sell into a rally, not feed a decline. Most people still don't understand that concept, or greed gives way to the hope of instant wealth, so they continue to buy on emotion. . . and then sell on fear instead of facts.
The failed rally on high volume and closing at the low for the day today indicates the downward trend will continue. If the PPS does continue to decline, I will wait and attempt to find a good entry point and buy some more. Could be a week, a month or six months. In any case, I plan to continue holding a position in NVEI and see what happens.
That money from those shares is now making money in a different company, and they have a real product, with excellent potential, so I need not get in a big hurry over here at this time. It's always the same, it takes as long as it takes.
It is likely the efforts of Elite will produce some new buyers that will help raise the PPS support level in the future. And it seems Elite has not been made too 'visual' on the NV website yet. One step at a time.
Good luck.
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