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Message: could use some suggestions from the astute

could use some suggestions from the astute

posted on Dec 14, 2007 12:44PM

I got caught up in this when we were trading below 8 cents.  At the time, when it shot up to 30 cents, I thought it was good that I had sell orders in place.  Thinking I was sooo smart.  But the smart investors were gobbling up the shares at 30 cents because they saw the momentum had changed and we were skyrocketing.  I sold some more at 60 cents, thinking I was even smarter.  But again, the smart investors were gobbling up shares at 60 cents. 

 

I look at our current situation and wonder, if I go ahead an put a sell order in at $3, is this going to be another repeat where the smart investors will be gobbling up shares at $3 because they know its on its way past ten bucks.  How do you guys figure out your sell point.  Too personal a question to ask on a board perhaps.  I thought I was doing great selling for 60 cents after being under 8 cents for so long.  No idea how traders can do what they do. 

 

Anyone share the confusion?  Yeah, I know, be happy at $3 and don’t 2nd guess if it goes to $20.  Just hate to once again leave that kind of money on the table.

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