New Sky Communications (NSKY) Message Board

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Microcap & Penny Stocks : New Sky Communications (NSKY)

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To: xbrent who wrote (915)	8/14/1998 3:17:00 PM
From: Michael Bendner	Read Replies (2) of 2601

Taking profits at a double is always smart, but look at the potential here, and do take into consideration that heavy profit-taking can impede our success. Since we haven't even see the first PR yet, there is a lot of upside here. My avg. price is 0.0226. When I reach a double, I may sell 25% of my shares. Then, NSKY would need to drop back to 0.0113 before I realize a loss. With potential this great, it's a good idea to consider alternative measures of reducing stock-related stress. Selling half your holdings at once may not be the most prudent move. Michael Bendner

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