InvestorsHub Logo
Followers 6561
Posts 446583
Boards Moderated 27
Alias Born 11/09/2000

Re: None

Saturday, 12/03/2005 11:50:36 AM

Saturday, December 03, 2005 11:50:36 AM

Post# of 249
HI all, congrats Susie, great idea for a board. Selling is definitely the hardest part of the equation, but imo, have an exit strategy before you even buy both for the downside and the upside. The other day, I saw someone who had bought GZFX @ 005, and still had not taken any profits, couldnt believe it, at the top would have been a 5 bagger, now its split in 1/2 from that, so selling strategy differs depending on how much of the stock you own, and the type of run its having, and the length of time you wish to hold the stock. Some are intraday trades, others swing trades, other more mid term. The OTC/pink mkts are forever changing, so your strategy has to always go with how the mkt is behaving, until Oct, this mkt was an awesome accumulate mkt, since then it has been anything but, so you need to be ready to adapt to the changes. That's my 2 cents!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.