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Microcap & Penny Stocks : Pen Intercom (PENC) - Ready to fly?

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To: Plaything who wrote (6)9/3/1997 12:05:00 PM
From: Andrew Hunter   of 107
 
I'm a short term trader. I've never held a stock more than 3 months. Sometimes I only hold them for 1 hour. That's just my way, and it's how I earn my living. If I take a profit it doesn't mean I don't feel good about a stock long term. I just have to lock in my gains as a matter of rigorous principal or I could not survive like this.

That said, if PENC went up a point I'd sell half and let the other half ride.

I've been watching it tick by tick, along with all my other holdings. There was a little selling after the initial sell @ 2 1/4, but it seems to have dried up and buying is resuming.
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