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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Jane4IceCream who wrote (2139)7/15/1998 11:40:00 PM
From: Jim B  Read Replies (2) of 44908
 
I think a better approach is to simply say that people should always
lock in some profits along the way up when a stock moves up quickly..
but if the DD is strong and truly with the examples that KTEL and CDNOW and the others have shown.. to suggest COMPLETELY getting out a $1.00 or $2.00 might be leaving alot of money on the table..

always a good idea to sell enough to make your original investment back.. ex: buy 10,000 shares at 50cents/share $5,000... stock goes
up to $1.00 ... sell 5,000 shares at $1.00 for $5,000 getting your initial investment back and letting the other 5,000 shares ride ..
maybe selling 1000 shares at each $1.00 increment.. or whatever.
BTS trading this is called...

good luck to all those in TSIG... dont' set your goals too short.. but yes Jane, you make a valid point NOT to fall too in love with a stock and simply be sure to lock in profits along the way.. certainly if we hit the $1.00 mark some should have at least taken a little profit..

especially if you're fiancially living above your means... if you're financially more stable.. then I'm sure many of you won't consider selling at $1.00 as you want to see this one to much higher ground.

trade what is right for you! Glad to be aboard.. I certainly won't be selling out tomorrow.. not with more news coming next week.. website sales soon to be open.. media coverage and aggressive marketing plan in the works.. I'd expect momentum and interest to build over the next few weeks.. not sure what the stock will do intraday.. but I'd expect people to take STRONG advantages of any and all dips as buying opps.

we shall see... don't buy this one if you haven't done the DD.. cuz you'll be likely to sell WAY TOO early... most people who sell too early are those who haven't done the DD and realized the true potential of the stock... (not excluding the part I said about being smart about locking in "some" profits)

jim
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