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Microcap & Penny Stocks : CHAUS (CHS) The most undervalued stock on NYSE!
CHS 7.5900.0%Jan 5 4:00 PM EST

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To: Chip Roos who wrote (36)4/8/1999 7:01:00 PM
From: Ken W   of 87
 
Chip, Hi..

One of the hardest things to do is know when to sell. It is easy to buy a stock, but when to sell and protect a profit is the real booger on these things. Since this is a NYSE stock, consider setting a stop loss in your online account at where you feel safe, and still protect some of your gain. That way if the stock tanks for some reason then you go out automatically without having to sit and watch tick by tick.

Personally I think RC is dead on with the next price target of 4 to 4.25...I've learned to trust the charts in my exits on stocks, some have surpirsed me and I've got out way too soon, but for the most part have served me quite well. A wise trader once told me to set stops just below the last strong support. That support at this point(with tomorrow being the real test would be at 3.00)

Hope all of this ramble helps, but I think we will be okay to the low 4's anyway.

Ken
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