It seems like 3.00 and uplisting is on the way. Ho
Post# of 72440
Posted On: 09/27/2014 3:02:45 AM
It seems like 3.00 and uplisting is on the way. However there may be a nasty shakeout of weak hands first. Just look at the intraday charts for the past couple of weeks and you'll see what I mean.
http://bigcharts.marketwatch.com/quickchart/q...mp;time=18
Don't be one of the ones who got shaken out right before another move up (unless you are one of the phenomenal traders who can grab profits and then get back in lower.)
I have traded small parts of my position that way but it's scary, and you never know when there might be news that would leave you in the dust -- so I only trade around my core position, and am not a good enough trader to do very
much of that. You've also got to factor in capital gains -- if you've been in from
much lower levels, the capital gains tax will kill you if you're trading in and out for a small percentage profit.
http://bigcharts.marketwatch.com/quickchart/q...mp;time=18
Don't be one of the ones who got shaken out right before another move up (unless you are one of the phenomenal traders who can grab profits and then get back in lower.)
I have traded small parts of my position that way but it's scary, and you never know when there might be news that would leave you in the dust -- so I only trade around my core position, and am not a good enough trader to do very
much of that. You've also got to factor in capital gains -- if you've been in from
much lower levels, the capital gains tax will kill you if you're trading in and out for a small percentage profit.
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