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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote ()11/5/1999 2:53:00 PM
From: WhiteGold  Read Replies (1) of 150070
 
A question of positioning

If you get in on a position at, say, .05/share and that stock jumps to .10/share, with a good chance it could keep going but might just be peaking ... What would you do? Sell 1/2 of your position and recoup your costs, keeping the rest in case the stock keeps rising?

Take AOXY for instance.. I bought in at .05, not it's fluxuating between .12 and .14 ........ The reports I have read show it as an undervalued company. News posted here confirms that, but the historical data of AOXY isn't very exciting. It's been to this point a few times, to just drop back to .05 again...

Dump it all and take your profits?

Hold it all and see if it keeps rising?

(I am a Newbie - all flames welcome - my feet are wet, but sometimes I feel like I'm sinking in the mud)

WG
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