Hahahaha!! You're probably right. You can't really blame them though. I remember just the very sight of red meant EJECT! EJECT! If I didn't have the experience I have now, and that experience is miniscule in comparison to some of the folks around here...I would have bailed out of EESO at some point over the last few days. It should also be noted for the benefit of newbs that we don't mean that you should let a stock tank to 0 before you sell out. I think stop losses are vital to survival in this game. When I play bigboards my stop is -6% PERIOD. But, with pennies you have to give yourself a little more breathing room due to their wild swings and pay alot more attention to support/resistance areas and set your stops accordingly. Another key with pennies that I learned the hard way is to TAKE PROFITS ASAP! At least get back your initial investment capital at the first opportunity. Then, you can leave the remainder of your position on the table for a few days or so in order to catch the rest of the move if there happens to be one. That method serves two purposes...one, it protects your money. Two, it allows you to be much more relaxed and objective when your stock experiences a period like we've had with EESO over the last several days.
-Dave-
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