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I bought PTSO in Feb for .007, and it hasn't done much but go down. It is going up last few days on no news and actually hit .008 this morning. It usually goes up in the afternoon. Where would you put a sale limit at? or just watch it? I finally see some green. The other stocks I have are PAVP .0112 and QBID .0027 (QBID for the long haul) Newbie Greenhorn
Posts: 67 | From: Hamilton, Montana | Registered: Jan 2004
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It all depends....what were your initial trading intentions? a bounce? a long term hold? What type of trading strategy did you implement when you bought into this stock? why did you get in? First, and foremost, I believe you have to define your type of trading strategy....and are you an investor or trader?....because there is a major difference. I am a trader who looks at technicals (mainly oversold, beaten down stocks and stocks that are approaching or have a MACD bullish trend) and trade possible bounces for a nice short-term profit. Point is, develop a strategy and follow through with it....don't deviate from your plan....you must be disciplined. As far as PTSO is concerned, it appears that the MACD is turning bullish and in an uptrend with support @.005 Hope some of this helps. Ultimately, you have to decide for yourself because, afterall, it's your money.
Posts: 200 | Registered: Feb 2004
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Hey sota, it just hit .012 I got out at .01. Proabably will regret it but made a profit. Greenhorn
Posts: 67 | From: Hamilton, Montana | Registered: Jan 2004
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yeah my .01 order didn't fill yet, I'll be happy with a 60% gain better safe than sorry, I can see it going back to .007 within 3 days Posts: 20 | From: Boise,ID,USA | Registered: Feb 2004
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looks like we plyed her about right greenhorn it looks like shes headed back down.
Posts: 20 | From: Boise,ID,USA | Registered: Feb 2004
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Yeah, congrats to you too, my first profit in the market!!!!!!!! Greenhorn
Posts: 67 | From: Hamilton, Montana | Registered: Jan 2004
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