InvestorsHub Logo
icon url

ScreaminEagle00

06/28/11 11:32 AM

#25626 RE: TheOcho #25622

Thank you. That is the difficulty...but I believe it will pay off with this stock. I just wish I would have been more patient with my buying based on past moves.
icon url

igotthemojo

06/28/11 1:45 PM

#25644 RE: TheOcho #25622

forget patience screaming eagle...you should have sold at .18 or .17....but lets say you waited for .15 to sell...say you spent $200 and bought 1000 shares at .20...you sold those 1000 shares at .15 for $150 (taking a $50 loss)...now you take that $150 and buy at .10....now you own 1500 shares...

now if it goes back to .20 you are up $100 (overall) instead of at breakeven from where you first started..

you should have exercised patience before you bought..once the pps started to drop, forget patience and get aggressive..

but since you are still holding from the .20's you need to make a decision...will you just hold and wait or do you want to double down..and if so, where?...

pretty exciting stuff huh?..lol