posted
Hi all my first post and new to trading,this sux got in at 0.061 for $500 do you guys recommend holding it and see what the outcome?Or just see if it drop to 10 -15% and get rid of it and take my lost?Or get rid of it right away.
MMAM did not have the contract with Walmart and CVS. Biometics had the contract!!
posted
I've read on other posts that this stock tends to "fall" on Monday and Tuesday...I don't watch it so i am not sure...i am simply repeating what I have read...you may want to take a look at the chart to see if this is the case...and then decide your sell point from there...
Yeah it sux...but that is part of the game..you'll win some and loose some...
there's a thread on MMAM already perhaps search for that and see what it may say...perhaps there is other "news" in the horizon...good Luck!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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posted
JohnDoe- I can't post where I read it because it was on another website, but it looks like people are starting to connect the dots here and it's painting a pretty bleak picture!
Why take the chance of staying in? Your only down $40. Take your losses and wait for the smoke to clear.
posted
Thank you everyone for your advice,i guess that's how it is when you're new to trading.But i won'nt give up,i will read and learn more,and i also will be asking for everyone in here for advice in the future.
posted
Hey, I know exactly how you feel...I had a buy in order for 08 as it was 'dipping'. Thought I'd catch it going down...found out about he news and it was too late...Order went through. So I took my loss. I wouldn't encourage you to try and play any kind of bounce, because you really have to be an experienced trader...heck, I'm out and for $150 loss. My mistake was that I panic sold..should have waited until it stabilized from the massive sell off and bounced right back up to 075 (for only a moment)..I would have only lost a little change, but I made a huge mistake. Panic sold. But now, I say take the loss and move on.
Really sorry to say...You take care and Good luck
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