RE:RE:RE:RE:RE:RE:RE:No Serious movement will occur for a whileI'm not selling a share below $2. Everyone has his way and I imagine you sold some below .80?
madboxx wrote: tamerag2, let me tell you of my THC past, I owned 30k shares, my average was 11 cents, THC got their sell license on a Friday night, come Monday morning the ask was 1.50, I thought wtf, this should be a 2 dollar stock for sure, well I held for a little bit and watched the stock fall fast, I sold 25k for just over a buck, held 5k for a dead cat bounce, never happened, I made some good coin, but that taught me a lesson, never feel bad about selling, even when the stock continues to go up, because sometimes, like THC it goes down very fast, any trade you make where you are in the green is a good trade, it is only after the trade that you look back and say I should have waited, which is why I now have a core amount, and a trading amount, catching the falling knife can hurt, never feel bad when you sell in the green, if you hold like I did and watch your profit slide, that sucks just as bad as selling too early. it works both ways friend. none of us has a crystal ball, we don't know what is the high or the lows, but if you are in the green and have the shares to sell, make the money, never look back on a green trade. lets talk a scenario, we wake up tomorrow and TBP announces they have a din number, the ask is 2 bucks, we are all excited that it will go higher, the bell goes off, several thousand shares trade at 2 bucks, would you be one of them? or would you hold for more? what if there is no more? you sit holding shares that you could have sold at 2 bucks, the other side of the story is you held and the stock hit 2.50, then you sold.. me.... I would sell 80 % of my shares, knowing that after every peak comes a valley, I would re-buy a nice chunk after the dust settles, stock trading 101, DO NOT LOVE YOUR STOCK, YOU BOUGHT IT TO MAKE MONEY, MONEY IS ONLY MADE WHEN YOU SELL IN THE GREEN PEOPLE!!!!! never look back on a green sale. GLTA