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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Eagle who wrote (14013)	9/15/2003 8:16:44 PM
From: ~digs	Read Replies (2) \| Respond to of 48461

as a general rule, i do not pick definitive targets. To do so is to pretend I know w/ some level of certainly where a stock is going. for WEDX, if it goes back under 2 and near my entry price, i will definitely close out. can't allow a winner to become a loser and if that happens the chart will be broken. it will have the appearance of p&d. if it continues to do well i'll let the chart and tape dictate when to sell. if it has a large up day i will sell part of what i have. if it doubles, i'll sell no less than half my holdings... then keep the free shares and sell them at the first sign of the uptrend being broken. There was decent activity for the stock today, but I am less excited about it now than I was on Friday. Volume was huge again and the price was boosted by only 10%. If WEDX is such a great thing to own than why did it selloff eod? Why was the supply at the ask great enuf to keep the stock contained? I don't know the answers to these questions but they are the types of things i'm thinking about when i refer to my letting the chart dictate where and when i exit. Ultimately my conclusion about today is that it was neutral. the higher high has been printed and so that is good. It might be done short term. The close was less than impressive. may lock in profit if it can't hold 2.25