posted
I would buy a ton more to average down...then sell when there is a little volume and the pps reaches your target
Posts: 146 | Registered: Feb 2004
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posted
I would ask myself if I can afford to loose it. Remember, you haven't lost it until you sell. I have learned in penny stocks that what goes down, most of the time will come back up. Average down is an option also.
[This message has been edited by rsnws (edited May 20, 2004).]
Posts: 343 | From: Eau Claire, WI, United States | Registered: Aug 2003
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posted
I don't think you will get to many replies about this because that is always a choice one has to make for themselves. It is the hardest one to make. One of the craziest things that seems to happen to me is I ride a stock down and hold out till I can hold no more and finally sell. The very next day, or sometimes within 30 minutes of my sell, it bounces back to where I bought it or higher. It is the strangest phenomena, it is like the MM's where waiting for my personal shares and when I let loss of them, the MMs say, "we got him boys, let's take it back up".
This really does happen to me. And afterwards, I swear I will hold out the next time-and I hold again even longer--till that last drop of blood has been squeezed out of me, I give in and the next day, up it goes. I can't explain it.
It drives me bonkers.
So, I would look at your stock, do you really think it will go back up, and make your choice.
quote:Originally posted by SCS: I don't think you will get to many replies about this because that is always a choice one has to make for themselves. It is the hardest one to make. One of the craziest things that seems to happen to me is I ride a stock down and hold out till I can hold no more and finally sell. The very next day, or sometimes within 30 minutes of my sell, it bounces back to where I bought it or higher. It is the strangest phenomena, it is like the MM's where waiting for my personal shares and when I let loss of them, the MMs say, "we got him boys, let's take it back up".
This really does happen to me. And afterwards, I swear I will hold out the next time-and I hold again even longer--till that last drop of blood has been squeezed out of me, I give in and the next day, up it goes. I can't explain it.
It drives me bonkers.
So, I would look at your stock, do you really think it will go back up, and make your choice.
posted
I have some at .30 and I will not sell those at a loss. This company will eventually go up. I bought more at .225 thinking that was the bottom. I bought at .235 and .27 before and sold to make some money and bought back cheaper. This stock has a lot of selling pressure right now. I don't know if it is being illegally shorted or not. But since they have one of the best and most needed products- I am holding tight and if it gets cheap enough I will buy more. You ultimately need to decide but can you think of a more needed product with government contracts? And for the future this is needed not just in Iraq but pretty much anywhere where terrorists could strike. With modifications the this could have tons of security applications. IMO-DD-Best-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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posted
I really don't understand this one. Huge news- HUGE 15.3 million$ contract- and it tanks. However, that pesky 10QSB they released immediately following the great news also stated they don't have enough capital to manufacture the order. There was a small suggestion that they may need to dilute to raise capital.
In March it traded over .50 cents per share.
I think a bunch of us got stuck on that call, but I'm personally not selling. It'll bounce- it's a good company, and there's aneed in the military. Even when the troops are withdrawn they will still need vehicles to patrol, and these are the vehicles they're ordering, obviously.
So, my adive, FWIW, is to hold if you can afford to and wait for the upswing =) I belive it'll come soon enough. Kinda like my DRDF did today, and I had to hold that for a while... GL, ~BB
posted
it will eventually go right back up sooner or later. In case you sell, invest in NIVM
Posts: 196 | From: Pompano Beach, Florida | Registered: Apr 2004
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let´s give them some time
