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Microcap & Penny Stocks : Technical Trading of Pennies

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To: TAPR who wrote (174)7/21/1998 9:25:00 PM
From: paul s.   of 478
 
Hi TAPR...thanks for the post...

<<I don't see how you can bail out at 15 on Hvar. I'm looking to lighten 38 and holding longer for $2.>>

Aren't we all!!

But unlike people who claim to be "long" on a stock, I don't care what the story on the company is...I'm out at a stop on the downside and won't hesitate to take profits on the upside when they present themselves...my experience on SI has been when people give price targets and talk about a bright future for a penny stock, 99 times out of 100 they are wrong...that's just the way I trade...everyone else works from their own system...
take care
paul
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