TSXV:RTI.H - Post by User
Comment by
BrunosBreweryon Feb 22, 2017 1:25pm
183 Views
Post# 25878193
RE:I Took Profits Today
RE:I Took Profits TodayI took profits today too. I still left in a small position, but it's up near 25% in two days right now. Last time this happened here was a major sell of the next day that saw RTI drop from .80 down to .62 which is where I bought it at. I don't expect it to go down anywhere near that again, but I do expect a sell off in the morning and I'll decide on my re entry point then.
TradinMusician wrote: The stock is trading so far above it's "Value Zone", that I had to take my profits. We have to remember that this is a penny stock, and it will be volatile. A lot of euphoria at the moment.
I plan to get back in, but I'm going to wait for a dip. Maybe I'll be proven wrong.