Jacalyn,
You post seemed a bit negative towards me.
There is nothing wrong with trading a stock. This one I see good potential, have it on my watch list and have the trading log updating dynamically throughout the day. I peek at it every 15 minutes.
Every stock runs, pulls back, runs, pulls back. I try and play those.
EVIS I've own 5 times with buys at .30, .40~, .50~, .60, and .70 and sells .50, .60, .70, $1, $1.20
My last sell was probably a mistake and I may now miss the real run.
Just because I sell a stock does not mean I do not see the long term potential, or have forgotten about it. Just taking some profit, putting it in to something else and coming back to buy more than I originally had.
Friday I bought back this one, about 1/3 of what I would like to have when the run is ready, bought at higher prices than my original position
In order for this stock to go up you need people like me that will sell and buy back more when the MM's start playing games. Without that buying pressure on downward movement stocks will just keep going down. |