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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: Tim Luke who wrote (4433)5/15/1998 6:49:00 PM
From: bral  Read Replies (6) of 8242
 
Hard to keep myself from doing just that. Bought a bunch at 4.75 and watched it go to eight. Didn't sell. Everyone says hold tight, hold tight. Keep 'em from squeezing shares. Now instead of 8,000 profit in my IRA, I'm running a small loss on this.

I want to hold the co for the long haul, but please answer me this: Wouldn't it have been better, seeing the squeeze coming, to sell at 7 to 8 and buy back in with profit than to ride it down?

Now I'm real nervous and want to avoid losing money. Did this same thing with FTEL and am sitting on a 50% paper loss. This aint the way to build a retirement.

Any input is appreciated
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