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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: David Sirk who wrote (2833)6/25/1998 11:10:00 AM
From: xbrent  Read Replies (1) | Respond to of 43774
 
I usually do not day trade or sell and rebuy except under unusual circumstances. Once in a while the MM will take a .25 stock and gap it open at .50 for example. On a deal like that I would sell and rebuy. I am not interested in making a few hundred dollars. If I don't have a chance at a very nice profit I am somewhere else. If PRWT ask goes below .07 I plan to buy more. Little point in selling and rebuying very many shares. If you sell 100,000 shares you will take the market down and then you will be rebuying at a break even if you are lucky.