Post by Warren on Dec 30, 2004 19:55:37 GMT -5
I thought this might be relevent here as well so I am adding it here for a short time.
Just so we all understand a spike is a major jump in the pps over its regular trading range. A stock that trades between .0003 and .0005 jumps in one or two days to .002 or beter would be considered a spike in the price. You will allso see smaller spikes and the monster spikes.
Spikes is what we invesors that play the sub penny stocks, want to see. To buy a stock at .0003 and have it hit .002 - .01 gives us a tremendous gain.
Now these spikes leave us with a huge dilema. We wanted them to spike, but now what do we do. Do we hold them for possable higher gains or do we sell them for proffits. This is a huge dilema that I expect we could have a million more responses to than we have members.
My thoughts about spikes. Once a spike occors, it becomes time to re-evaluate your position, pretend that you just purchased XYZ at its new pps. Is XYZ worth it, would you pay that price. These answers will help you determine how many shares you want to hold for possible higher gains.
What I have learned or at least concluded is that as some companies after a spike will continue to rise or even quikly spike again. Others, wich I beleive the majority lye in these others, fall back even on what appears to be great PRs. leavigng the investors with no gains or losses. It is on the majority that fall back, that make it very unwise to invest in any stock that has just spiked with out doing a great deal of reserch and evaluation of the company.
The other keys to watch is how the investment comunity is speaking with their money. How is the pps responding or acting to the PRs or current pps. I say speaking with their monies, for the simple reason you will see lots of pumpers trying to get that one last spike to sell and let you hold the bag.
My theories, Steady gains upwards HOLD and sell on the spikes holding a portion in case it spikes again. Never, ever buy a stock that has just spiked, as the odds are very heavily in favor of you losing alot of money.
Just so we all understand a spike is a major jump in the pps over its regular trading range. A stock that trades between .0003 and .0005 jumps in one or two days to .002 or beter would be considered a spike in the price. You will allso see smaller spikes and the monster spikes.
Spikes is what we invesors that play the sub penny stocks, want to see. To buy a stock at .0003 and have it hit .002 - .01 gives us a tremendous gain.
Now these spikes leave us with a huge dilema. We wanted them to spike, but now what do we do. Do we hold them for possable higher gains or do we sell them for proffits. This is a huge dilema that I expect we could have a million more responses to than we have members.
My thoughts about spikes. Once a spike occors, it becomes time to re-evaluate your position, pretend that you just purchased XYZ at its new pps. Is XYZ worth it, would you pay that price. These answers will help you determine how many shares you want to hold for possible higher gains.
What I have learned or at least concluded is that as some companies after a spike will continue to rise or even quikly spike again. Others, wich I beleive the majority lye in these others, fall back even on what appears to be great PRs. leavigng the investors with no gains or losses. It is on the majority that fall back, that make it very unwise to invest in any stock that has just spiked with out doing a great deal of reserch and evaluation of the company.
The other keys to watch is how the investment comunity is speaking with their money. How is the pps responding or acting to the PRs or current pps. I say speaking with their monies, for the simple reason you will see lots of pumpers trying to get that one last spike to sell and let you hold the bag.
My theories, Steady gains upwards HOLD and sell on the spikes holding a portion in case it spikes again. Never, ever buy a stock that has just spiked, as the odds are very heavily in favor of you losing alot of money.