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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Seel's reply says it best.  That's what my goal i

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Post# of 72445
Posted On: 12/05/2013 5:44:57 AM
Posted By: BooDog
Re: Dynabolic #11684
Seel's reply says it best.  That's what my goal is.  But I usually sell at a certain resistance level holding free shares unless I'm just moving on.  CTIX I've done pretty well with over the past few years.  I'm not riding free anymore and after buying more my average is slowly catching up to the current pps. Or is the pps slowly catching down to my average.  I'm typically a short term swing trader.  It is not always good to buy at bottom because one can't be sure it really is bottom.  Then you're stuck or stop loss kicks in.  Reversal confirmations come after bottom has been reached and though missing out on a few pennies is the safer play.  Risk tolerance plays a major role on buying the bottom.  I bought some in the 1.60's thinking we were good to go.  Now I'm buying in the 1.40's.  The difference now is the pressure on the oversold indicators is much greater now than it was in the 1.60's.  I've also made a few sells along the way over $2 and around $2.  A lot different than my flips when this was well under the $.  There are still some expectations for December here imo.  Leo hasn't let us down yet.


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