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Biotech / Medical : GNBT Generex -- Ignore unavailable to you. Want to Upgrade?


To: manny t who wrote (159)3/20/2006 8:24:04 PM
From: lexi2004  Respond to of 310
 
Manny...Regarding GNBT, gave it a lot of thought in AHs and decided to sell 1/2 of my shares and did so around 3.40. I'm still holding half. Why did I sell? I think GNBT is going to do very well if held LT; however, each day it goes up the chances become greater that the stock will retrace. I have to ask myself if I'll make more of a profit staying in GNBT or would I make more using it elsewhere or waiting for a retrace and rebuying at a lower price. It seems to me that lately I have more good stocks to trade than I have the time to do so. Consequently, I have to tell myself to "not love a stock", rather play a stock for what it will give me. Hence, I sold those shares. I do think it's headed to $4ish area, but I don't know if it will retrace first or not. I made such a good profit that I just decided to book profits on part and see what happens on the rest. Having said that, you buy/sell based on how you feel. More than once I've let others influence me and many was the time I lost money or opportunities because of it.

Lexi



To: manny t who wrote (159)3/21/2006 11:24:43 AM
From: lexi2004  Read Replies (1) | Respond to of 310
 
Manny...Re-evaluated. We're here to make money and not love a stock. Going to sell my IRA shares today and just be grateful for what I have. Think GNBT is toppy. I can always buy back for I like this stock and hopefully will buy back lower.

Lexi