Replies to post #21410 on Starfleet Innotech Inc (SFIO)

[lowman]

kerriella, neither SA nor I am licensed to advise you which to do. SA, like all chartists, would say the RSI is overheated and SFIO is in extremely overbought territory. That's what the chart says. However, the chart has no idea if SFIO owns unique nicotine delivery devices or pickle forks. Charting only has limited benefits, and even less benefits once a stock is trading in new/uncharted territory.

More than once, I've been 'advised' by chartists to sell and take my 2-3-5 bagger. My better judgement though, has lead to as much as a 60 bagger.

If you're skittish, sell all and don't look back. If you like to play safe, recover your seed and ride the rest. If you like to roll the dice, hold until SFIO has atleast reached some semblance of FMV in marketcap terms. Then, either sell to recover your seed and have a much larger free position, or sell all. I myself like to wait as long as possible before locking in a free position, so's to have a handsomely large free position.

Remember, the tortoise always wins the race (just ask those .002 buyers who are still holding), and patience is a virtue.

[curechile]

Kerriella, forgive me if I repeat anything that is not news to you, but your posting moved me because I very much understand how you feel, from past experience. Penny stock investments will never be for the faint of heart. There are big losses and big gains. Anyone would be a fool to tell you that there's not a chance of having huge losses, if you don't protect yourself.

The best things I ever learned about investing were stops and limits in buying and selling shares. Scottrade has great info about this on their site, although not everyone likes buying shares through Scottrade. Basically, rather than watching the prices go up and down all day, you determine the lowest price you can handle your stock going down to, as well as how high you'd like to see the stock go before you sell. These are extremely helpful protective measures, and unfortunately a lot of people still do not ever use them. That, in my opinion, is what really makes people lose their shirts on stocks. Stops and limits are almost like insurance - they cover you, regardless of what happens.

I've only been investing every so often for the past 3 years, but I am very proud of the profits that I've made. Nowhere else will you see such mind-boggling profits, if you become wise about how to protect yourself. No 401(k), no lottery ticket, no slot machine will make you this much money in a comparable period of time, if you stick with it. This stuff takes time to learn and understand, and I've heard of many people spending several hours a day for weeks, in the beginning, learning about technicals, and figuring out which stocks to choose to buy. I have no finance education from college, not even a mathematics degree, so I know that these profits can be had by everyone from every walk of life. Just don't give up, and tread slowly in the beginning. And never invest any amount of money that you can't afford to lose.

[Crazy Money]

You could have sold enough by now to be riding FREE shares... meaning even if it went to 0, you would lose nothing... you do not need to sell all your shares at 1 time... taking the amount of money out that you have put in... and if you think it is going to da moon... keeping the rest in... then at any point in future you sell that - all profits... is what I am trying to say... lolzzz... MORE if it keeps going up ... LESS if it plunges... but still profits ;-) lol... weeeeeeeeeeeee

I am really confused as to what to do. Sell or hold. I have tried to learn as much as I can by myself about charts and penny stocks but I am still a novice. I think I made a step in the right direction by doing DD on SFIO in Feb. and deciding to buy then. Right now I am up over 1000% but I have lost big before by waiting too long to sell or kicking myself by selling too soon.