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Novus Energy Inc NOVUF

Energy Oil & Gas E&P


GREY:NOVUF - Post by User

Novus Energy Inc > to sell or to hold on ?
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Comment by truck8256on Dec 02, 2012 8:38am
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Post# 20671750

RE: to sell or to hold on ?

RE: to sell or to hold on ?

If you're showing a profit (and I mean 15% or better) sell 1/2 the position and let the rest run. Q: What's worse than watching 1/2 your position retreat past your purchase price? A:Watching the whole position retreat.

If you're convinced it was profit taking that caused the pull back and nothing fundamentally has changed, you can still buy back what you sold.

 

GLA

 

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