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Author Topic: IS it dumb to buy BPNT on Monday?
shag26272
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Hi this is my first post on here . I have been trading on Ameritrade for about 6 months. I am thinking about putting a limit buy around .35 cents or so. Any thoughts.
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Pat427
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I am new to trading myself but IMO I would wait. The chart shows a huge gap to be filled and profit taking is due. If you where to set a limit order at .35 you may not get filled until it starts to retrace. If it does retrace than first support is at .216 but like i said I am new to this game and the PR does sound good so this is just IMO. GOOD LUCK
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BigChris7709
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You're only dumb if you wait to buy it. Cash and free shares for holding for a month or so? You can't beat it with a bat!!!
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BigChris7709
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The old saying goes..... If you think long, you think wrong. If she retraces, I doubt it would go all the way back to 21 cents. I would buy now, cash in some at about $1.00 and use the proceeds to buy in lower after a retracement. Maybe in the 30's or so.Just watch the action and decide then. I second-guessed myself out of $1200+ by selling CAMP before I had even owned it 24 hours. I held the shares 1/2 a day and lost big even though I made a profit.
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m_h13021
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Doesn't look like BPNT is going to a dollar anytime soon? -
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