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gr8lake

12/16/09 10:42 AM

#4314 RE: drewbe121212 #4313

It's your money drewbe, but I would learn to trade part of your position, and accumulate shares, rather than just get out. I don't know how many shares you have, but I would sell one third, to one half when it is up around .25 to .26, and buy back at .22 to .24, depending on how low it gets. You don't want to be caught with none when it finally does run.
Also the big moves are going to be in February, when we get close to 10K deadline. This stock could also run on any news containing earnings projections for Q4, or fiscal 2010, since we know they are having an awesome Q4. They will also be able to include revenue, and earnings from CountyImports.com.
Why would you want to sell below .22 anyway? It makes no sense, or cents.
JMHO,
SpongeBath
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SD1527

12/16/09 10:54 AM

#4315 RE: drewbe121212 #4313

Dude, the stock is up from a penny to $1.25, post-split. It cant go up 50% every month.

Certainly,it has been sideways for a few weeks now, and if you want out, someone (like me) will surely scoop up your holding at .21 or below if you dont have the patience. Not trying to be a jerk at all. Stop losses are absolutely a key part of trading and you would be prudent in getting out if it hits your loss target if that happens to be below .22. Everyone's profit and loss levels are different.

For your own sake, though, just make sure you are playing on technicals and not emotions. Believe me, the inability to break .26 is irking me too, but I do see some light at the end of the tunnel when Q4 earnings are released. It would just be a shame to get out and chase it down the road.

Again, just my two cents. Best of luck to ya.