>>Jatin,in another 6-days you might be a proud possessor of a stock
in pennydom, will that make it more difficult to part with?I mean
penny-stocks are kind of cute,harmless things(ggg)<<
Hi Max,
Almost made it to the pennydom today. Looks like tomorrow sure will. Hope the management feels embarassed as the price continues to fall. What a shame. Anyways, I unloaded my position today at 1-5/32 and feel a lot relieved. For me, It will have to be around 3-1/2 to offset the resulting tax benefits and I sincerely doubt that it will reach there in next 30 days. It is very hard for me to wish good luck to this company after all the disappointments but I will wish it for all the good people on this thread. Hopefully, all the thread participants will get a chance to either profit or break even before this outfit disappears into oblivion. I doubt anyone long is making any money right now as it made year end low (and possibly all time low). BTW, does anyone know if CNTR belong to the so called "black list of 3400" under review by NASDAQ?
I am going to take my family out for nice dinner and movie using the money I made from difference between my sale price (1-5/32) and closing price (1-1/16).
BTW Max, when you were contemplating to buy more CNTR, I recommended you look at TEAL at 1-1/2. It closed around 1-7/8 today after touching 2 during the day. Also, Cathy recommended EFII around 13 which closed well above 15-1/2. Unfortunately, CNTR was the only stock that showed up in red in my protfolio today (It still shows till settled, you know.)
Well, looks like tomorrow may be a good chance to load up on fire sale as year end selling seems to be still going on. Does anyone know if I buy back in my IRA (sold in my regular account today), I lose the benefit of capital loss? If not, then I would like to day trade this thing in my IRA acoount.
Happy New Year to all,
Regards,
JK (No more in CNTR, will only day trade for 1/16th, 1/8th etc.) |
