With 1.00 + looming - scared to sell
I made the mistake buying on the way up in past years and I will not make the same mistake selling on the way up this time around.
This stock is still being characterized as speculative and this is the best news investors that have loaded up have because by the time it is considered solid and risk subsides, the stock will be at 1.50 pre-reverse split.
This is where the ridiculous gains are made, not after it makes the big move.
As this stock moves up and makes higher and higher bases, you should add on the pullbacks when volume drys up.
Sure you can try and swing trade it, but you better make sure you sell near an overdone high for a day.
Like today, if you picked the high .49's to sell, you could have picked it up 3 cents cheaper already, but if you sell at .47, it may just close higher and you could lose the stock if it runs to .60.
I think .47 is starting to look good for today - I see some good buys coming in there on level 2.
Let's get to the close bidding .50 ask higher....
I'd be crapping my pants if I was short this equity right now because any surprise announcement will send it skyrocketing.
