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Posted On: 12/25/2014 11:12:45 AM
Post# of 1241
Posted By: Kgem
Re: junebug #584
Good Morning and Merry Christmas junebug. This two week period around Christmas and New Years is always volatile in the penny stock market. I am actually surprised STTK held up so well. While management diluted to pay down debt, investors seen their investment shrink, and that means many investors sold shares to claim their end of year tax deductions. I suspect we will be in for some surprises in January, and it is my hope the surprises will be good ones. The trick is to reduce one's share price average so that when we finally do have a run we can benefit right away. Don't be greedy. Once you are ahead (just like in poker) plan your exit strategy so you keep your profits. Then, when the share price drops again (as it always does with penny stocks), you can reload with even more shares than you had before. Of course, this assumes we see the type of forward progress that warrants reinvesting.



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