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Penny stocks... while I made some gains on them these past two weeks are giving me too much stress.. Anyone working on anything thats over a dollar? Generally the price would also have to be under $10 otherwise I wont be able to make any real money off it..
Also I'm thinking of selling off my SIRI on the retrace (thinking 3.90's) which will give me another 5k to play with... I was trading microsoft but i'm down on them and was thinking of ditching that as well... although microsoft has been kept down for awhile and it should be looking to perk up to the mid thirties at some point. If I sold MSFT now I'd take a $500 loss on it but I already made $1000 off it.
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i'm long on Cortex Pharmaceuticals www.cortexpharm.com and Targeted Genetics www.targen.com although i am afraid in the short term they may go down. buyer beware.
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TGEN looks decent but I dont know if it's the right time to get in... it seems to be going sideways at the moment and the same thing with COR which is straddling mid resistance so they can go either way at the moment minus any influences.
And of course TGEN is more attractive because its on the NASDAQ... for some reason I always find AMEX stocks to be boring or unattractive.
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Machiavelli> Of course I do, I'd be stupid not to... It's just that with thousands upon thousands of companies you cant do TA on all of them... I think thats the reason why a lot of people come here... Everything I see here on this forum I consider a 'rumor' (which you should) then I do my own TA/DD.. It's very easy for two people to see the same information and come to polar opposites.
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I think PARS will show better promise in about a week after it deflates a bit of its recent ego. GRXI does indeed look interesting though, but perhaps too stressful
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