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sbb4th

03/14/10 7:31 PM

#21391 RE: chicosacat #21366

Yes, it can be at anything you want. 10cents or 10 dollars. The shares are then locked up annd can't be borrowed from what I understand.
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Rustler

03/14/10 10:16 PM

#21472 RE: chicosacat #21366

RE: "Sell Limit @ $1.00"

As wonderful as this stock is, the $1.00 PPS remains a long and bumpy road from here. I recommend selling around 25% of your shares when 25% of your shares equal the total of your aggregate share purchase price plus fees.

That way, the remaining 75% of your shares are free. With these, I'd sell 10% or so of these each time the stock pps breaks past numerical resistence points (e.g., a nickel, a dime, a quarter).

That way you pay for your shares AND take some profits, just in case something bad happens and the PPS tanks. Good luck!