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Started By
Message
Should i sell my stocks of ERBB
Posted on 8/28/14 at 6:25 pm
Posted on 8/28/14 at 6:25 pm
Sorry about the question guys, but im new to stocks
I bought 48000 shares of erbb 2 weeks ago for 600$
(.0127 a share)
It is now up to .017 a share (800$)
I know that penny stocks have high risks
Is a 200$ gain on a penny stock a good point to sell the stock and then try to buy it low again?
I know that a few more states will vote for marajuana legalization later this year, and i have a feeling that the price will shoot up arround that time, but is it a good chance that ERBB will fall to about .012 again sometime before they vote for legalization?
I bought 48000 shares of erbb 2 weeks ago for 600$
(.0127 a share)
It is now up to .017 a share (800$)
I know that penny stocks have high risks
Is a 200$ gain on a penny stock a good point to sell the stock and then try to buy it low again?
I know that a few more states will vote for marajuana legalization later this year, and i have a feeling that the price will shoot up arround that time, but is it a good chance that ERBB will fall to about .012 again sometime before they vote for legalization?
3
Posted on 8/28/14 at 6:37 pm to tigersint
20% to 30% gain is what most are after. I'd sell.
Posted on 8/28/14 at 8:52 pm to tigersint
No questions are dumb questions. Only answers qualify.
Penny stocks are an absolute gamble. I'd say you made a fairly strong return off your initial investment. Rarely does anyone get rich off penny stocks, so yeah, take the money.
Or, take your principal back and just leave the earnings, play with house money.
How are your real retirement funds looking?
Penny stocks are an absolute gamble. I'd say you made a fairly strong return off your initial investment. Rarely does anyone get rich off penny stocks, so yeah, take the money.
Or, take your principal back and just leave the earnings, play with house money.
How are your real retirement funds looking?
Posted on 8/29/14 at 12:03 am to tigersint
Let me refer you to a thread I posted a looooong time ago
LINK
ETA: Not sure this company ever existed, but it continues to be quoted. Today's quote was $0.0003. I think I sold it back in 2010 for around $0.04. Bottom line is SELL!
LINK
ETA: Not sure this company ever existed, but it continues to be quoted. Today's quote was $0.0003. I think I sold it back in 2010 for around $0.04. Bottom line is SELL!
This post was edited on 8/29/14 at 12:11 am
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