- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
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 $0.04. Bottom line is SELL!
This post was edited on 8/29/14 at 12:11 am
Posted on 8/29/14 at 9:08 am to sneakytiger
Its up to .0193 this morning. It has been on a steady rise. I did some research and they just released teir first marajuana vending machine this week. Looks like people are hyped up about it. I may ride it out anotber day or teo then sell t. But i just made another 100$ in like 10 minuts with the jump
Posted on 8/29/14 at 3:42 pm to tigersint
Sold it all at 1.97 for a 300$ profit
Now i hope that it falls so i can buy it again
Now i hope that it falls so i can buy it again
Posted on 8/29/14 at 11:53 pm to tigersint
Posted on 8/30/14 at 11:17 am to tigersint
quote:
Sold it all at 1.97 for a 300$ profit
I'd say that's a smart move. A lot of people who trade penny stocks like to use chart indicators to determine short term movements (and when to buy/sell). Judging by the chart, around .02 looks like it could be a major resistance level. I would guess ERBB will go through a little reconciliation first before it would continue any upward movement.
Posted on 8/30/14 at 1:45 pm to The Sultan of Swine
i would rely like to have stocks in a marijuana company once the 2 states vote on legalization later this year. If it passes i think that there will be jumps similar to in january because people will be buying the stocks like crazy. I took a gamble that the stocks will fall again before the voting starts, and now i can purchase even more stocks in the company the next time it falls to around .0127 again with the 300$ profit
Posted on 8/30/14 at 2:34 pm to tigersint
Join us in the penny/MJ stock thread. Kind of quiet right now, but a lot of marijuana stocks get floated around from time to time.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News