Replies to post #4956 on Hydro Power Technologies Inc. (PYBX)

[shankapotamus]

Nice point of view there sunny. GLTA

[PenniesGoneWild]

Understand your concern, and who really know's for sure what is going to happen. I do know it will bounce and lot's of eye's are on PYBX for a bounce. Here is something I suggest that we posted in the Ibox on $THE WAVE for all our readers:

Profit Based Sales Trading

1 All stock buys should have sell points set up front when you buy.

A if this is a long term buy then you should be buying at a lower price then when news breaks. If news and increase brought to this stock either buy more shares then you intend to hold or wait for the price to decline.

B If this has lots of momentum in price and bid support buy twice as much and then set your sales price for the extra half to a profit for the first sale of the stock. I usually set that for a 50% increase from the purchase price. This if sold will lower your cost in the remaining shares and take the stress out of the watching of daily fluctuations in PPS as you have made a great buy point.

2 If this is a real fast moving price then it also will generally move fast down. In these type of stocks I usually buy more shares and sometimes more purchases.

A Set a sale of 25% of your shares at 50% profit and then a second sale at 100% profit. I even sometimes set another sale for 25% more at 2 to 300% gains if it moves that fast. Do not move these prices as it will more times then not leave you regretting it later. The third sale i do occasionally move down.

B If you meet these two sale points and the price declines then you can repurchase more shares below the first sale or even between the first and second sale and occasionally the third sale. at this point you have lowered the initial cost of the remaining shares and are better able to buy more for the next run.

C This also helps to enhance your long term portfolio and gives you a daily watch list in your portfolio to signal another chance to accumulate more shares.

D In time you will not only grow your capital but your cash will also grow. This will allow for greater Income potential or Long term growth of your portfolio depending on which your account is setup for.

E I do not trade any Otcbb or Pinks in my 401k account and My Ameritrade is set up for medium growth and I take transfer of cash from there to my long term account. I am also enhancing the number of long term small board stocks there and regularly evaluate those for longs or need to sell.

http://investorshub.advfn.com/boards/board.aspx?board_id=16203

It is recomended to take profit so you can buy back in the event of any pull backs. Always best to protect yourself!