Yes it coult. I'm not going to get too techinical and look for major growth because im going play this one for the short run. Today, i got in at 3.84 and already in one day i've made up for commisions to buy AND sell and pocketed some money :) I would get in soon
congrats that is a good quick play.... good way to increase capital to after play in stocks that are in the long run.... GOOD JOB!!!! chahine
Ozzy, that's good solid thinking on that one :) Anytime you can buy a stock and it's roughly secured by the cash on hand, you have very little downside. Add in the fact you have takeover interest and this is a good short term play! Good work.
ozzy a little taught that might help u get more cash in a short term... and it has passed ur short term goals i advice u to add a short stop loss around 2 to 4% and let it ride... i have done that with 1 of my early stocks and actually ended up getting .70 more cents a share... what i mean is lets say ur target is 1 where it covers all ur cost and give u extra cash and if u see it keeps on going higher to 1.04 add a stop loss of 4% and let it ride so that if it falls 4% u don't loose ur initial target but if it goes higher the 4% will automatically move up allowing u to take more profit.... in a short run... i have seen some traders actually ride winners up to 40% like that above there target prices..... just an idea....what the rest think about it would be interesting chahine
Yeah, now that its ground or pivot point is around $4 and ive already made some profits im going to set a stop-loss around 3.75 so at worse i lose the price of commision :) Thanks everybody :) Im currently investiagating another stock so i migh t post some stuff on it soon :)
Good job, Ozzy. Definitely lock your profits and call that one a winner.