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re: Weekly Stock Market Plays/Thoughts - Monday, March 6 2017

Posted on 3/9/17 at 11:54 am to
Posted by RedBeardBaw
Member since Feb 2017
371 posts
Posted on 3/9/17 at 11:54 am to
The question is, how much upside does AUPH have? Should I sell once it hits $8 and take my gains, or hold off for a higher upside? Still relatively new to all this day trading stuff.
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5721 posts
Posted on 3/9/17 at 11:56 am to
Can never go wrong locking in gains. Sell half and see what happens with the rest.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/9/17 at 12:12 pm to
quote:

Should I sell once it hits $8 and take my gains, or hold off for a higher upside? Still relatively new to all this day trading stuff.


ive been riding this up (10%, 7%, 10%, gains)

bought at 6.75 and just sold at 8.15 (20%)

ill look to buy in lower.

gl with whatever you decide

FWIW, its far more profitbale this way, but of course, riskier

for example, i might not be able to get back into AUPH under 8.15
This post was edited on 3/9/17 at 12:18 pm
Posted by bayoubengals88
LA
Member since Sep 2007
19226 posts
Posted on 3/9/17 at 12:35 pm to
I'm investing and I think (it's well documented by now) that AUPH will reach $15-20. It could reach $40 after FDA approval.

But I'm investing...I'm above 100% gains now and looking to actually better my life when I sell.

If you're "day trading" follow the good advice of others here.
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