Replies to post #1944 on SmurfVA's Random Picks

[Ned Serious]

ELTP - Shazam True. I decided I was going to buy more if it went down to $.35 (I wasn't in front of computer when it did so earlier, missed it).

With that said. Remember, its searching for its comfort level right now. Dad walked into the room and turned the heat down to save money. Then kids and mom came home and nagged him like crazy to turn the heat up and the price rose fast.

Now its looking for the most comfortable level for all, so it should settle into an area (most likely $.65ish IMO), before it decides where to go from there.

Point being, there should be a defined entrance some point in next couple of days (ignoring any news to spike it).

[Ned Serious]

ELTP $.60 - I have decided that if ELTP goes down to the $.35-$.45 range, I'm going to double down.

If it goes to the $.70-$.80 range, I'm going to sell all (or sell at least half), and Lock in Profits.

My average is $.53 at the moment. With the radical price movement its had in the last few days, and the catalysts still to come. For me, I think it's still finding its new trading areas, and a good plan. If I sell too early, doesn't matter to me, profits locked in and move on to the next one.

I apologize if this is a double post to an earlier one.

15 Min chart Below: