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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: Henry Hayashi who wrote (816)1/27/1997 4:06:00 PM
From: sloan hales   of 30240
 
Word of advice those of you who got in under two bucks are LUCKY. I have been following this stock up from $1 Because of my indecisiveness I did not think about buying it until it reached over $2 buy that time it was two late to make a real short term profit.

If you bought under $2 it's time to sell take your 10% to 150% profit now when the stock drops down some more and want to play it again buy back in at a lower price. This stock is not going to stabilize until they have products being sold and substantial cash flow coming through the doors.

Lets face it this stock's big movement was all due to HYPE I myself got caught up in it to. HYPE will never keep it up at the upper levels.
But those of you who feel you can't let go watch your profits dwindle in the next few days.

Every time I let my emotions get involved in buying and selling stock I loose money. Don't get to greedy if you are up 100% sell half. When the stock has a new High have a plan to exit your position if it goes below a certain % point of the new High. This way you are sure to exit your position on the down turn of the stock.

Buy the way when I don't follow these rules I nearly always loose when my emotions get involved I loose.

The Stock is likely to Stabilize in the $1.50 to $1.75 range in the next week or so IMO.

So if you sell now you could buy back in at a lower price.
SYCR has great potential in the Long Term as well as the Short Term.
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