Author
Topic: ZANN: Sell and minimize loss?
GT500
Member
Member Rated :
posted 02-17-2005 04:16 PM
I'm a bit disapointed by the way ZANN has been trading, I bought @ 0.0006 and it's been .0005 for a few days now, goes up/down by .0001 Can I expect it to go higher or should I just sell it now and minimize the loss? Also, XLPI..expected to go up..how much? -------------------- Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.
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BigPayOut
Member
posted 02-17-2005 04:21 PM
I dont think its gonna go down...been havin some good volume days lately..if you can hold it i wouldnt sell..imo
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OpportunityKnocks
Member
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posted 02-17-2005 04:21 PM
It depends on how long you are willing to hold it and what other opportunities your money can be experiencing. You can wait on a higher bid, but it might take a few days, or you can sell now and take a bite to take advantage of a greater opportunity. ZANN has been trending downward for a while, and although .0006 is achievable, you might have to camp that bid for a while.
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GT500
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posted 02-17-2005 04:23 PM
Nice volume but no real movement..yet I also hope it'll go up but when I bought I thought this one would move faster. I guess I'll wait and see.. I don't want to hold it for a long time so I might just sell it for a small(er) loss and invest money somewhere else. What do you think about XLPI? -------------------- Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.
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OpportunityKnocks
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posted 02-17-2005 04:32 PM
XLPI is yet another gamble. If you have patience, you can probably get in at a good price around .045 or .04, and get out at .05 or .06. However, it takes patience and discipline to follow through with this strategy.
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BigPayOut
Member
posted 02-17-2005 04:34 PM
The chart looks like it might dip a lil bit..the RSI is high and the macd looks like its trending to the negative soon...Had a bunch of good news this week and it went up...IMO I would watch for a dip, unless they get some more good news...seems like news drives this stock.
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GT500
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posted 02-17-2005 04:36 PM
I looked at news and just can't make up my mind. I was going to sell both of those stocks fast so I will probably end up selling it tomorrow, taking the loss, and put my money elsewhere.. -------------------- Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.
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GT500
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posted 02-17-2005 05:07 PM
Thanks for the tip.. I see MSEP cloed +8% today, can we expect it to run up a lot soon? Right now I'm looking to buy something and sell fast to recover my losses from zann & xlpi -------------------- Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.
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bsuds
Member
Rate Member
posted 02-23-2005 03:23 PM
Zann is cheep I was able to get in @.0002 even when the ask was .0003 It will go tomorrow
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Bigrod40
Member
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posted 02-24-2005 12:04 PM
Im happy, just got in at .0002. Hopefully back up to the 4s and 5s soon.
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Bigrod40
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posted 02-27-2005 07:39 PM
The company plans to launch its line of nutritionally enhanced beverages in Arizona this quarter. The company also has a new line of skin-care products, Sandy Skin Care, being readied for the market.
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