Re: Today's Good News.. PTO: '584 Reexam Denied 11-4-09 Resq
in response to
by
posted on
Nov 05, 2009 07:01PM
Resq,
"I'll take that .05ยข to .09"
On a .23 stock that represents 20-30% profit. By any standards that is an excellent return. I am looking for a return to at least the high of .42 similar to the action after the 336 news was released. That is darn near close to %90 from here. I am looking to sell % 50 there and will represent a free ride. Of course that is not a hard line in the sand. I would be thrilled with %20-30 as well.
Sure beats a sharp stick in the eye.
Good luck
(I) C. W.
ps Anyone underwater here and a REAL long should be able to see the value of that kind of trading, and making some money back. In the end it makes no difference if you are "deluded" right, or wrong. The ONLY thing that matters is that you make a profit and pay your taxes....;o)