Quote:
Originally Posted by lewdog
Because turds like IBIO end up going for pennies 90%+ of the time.
Taking profit is never a bad thing. Can't always look back.
I sold 50% of my position at $5.50. I then sold 25% of the position at $7.01. I am left with 25% of my original position with a stop loss set at $5.50. I plan to ride this final 25% to $10+ if it gets there, but if this was a simple pump/dump scenario, I'll get stopped out at $5.50 and be done.
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OH I know. I also know if I were playing with "real" money I would have had a CVA or MI weeks ago lol.......its easy when playing with small money