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Registered User Joined: 10/7/2004 Posts: 18
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Doing well in the last 2 months. Any comments on it.
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Registered User Joined: 1/28/2006 Posts: 291
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Just my 2 cents...but when a company trading at 1600% of value doubles your money or nearly does so, take da money.
Taking profit may not always be right, but its never wrong.
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Registered User Joined: 3/7/2006 Posts: 244
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I'm keeping mine, just tightening up my stops as we speak. I own 6,000sh, I will probably lighten up some soon.
I like Awshucks quote there - Taking profits may not always be right, but it's never wrong. Words to trade by.......
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Registered User Joined: 3/7/2006 Posts: 244
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There's still a ton of volume going up. I sell as soon as the stock either goes down on good volume, or continues to go up on poor volume.
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Registered User Joined: 12/8/2004 Posts: 1,301
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If I have a big winner I usually look at a weekly chart and keep my stop at the previous week low, and then I keep moving my stop up each week until I get stopped out. This stock has moved so quickly I would sell half of my position immediately, and move my stops to the previous days low. It sure does have a lot of momentum though.
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Registered User Joined: 10/7/2004 Posts: 18
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IIP at 1.00 heavy volume. What to do now?
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Registered User Joined: 2/16/2006 Posts: 10
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anybody still in IIP?
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Registered User Joined: 12/31/2004 Posts: 382
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Worden in TeleChat comment on this stock so this take is advice on IIP.
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Registered User Joined: 3/12/2006 Posts: 1
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I am not able to listen to his Chat right now. Can someone kindly share his comments? Thanks!
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Registered User Joined: 3/7/2006 Posts: 244
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IIP looks like a great entry point right now. I am holding and if you don't own it, I really think the chart looks great and is at a safe and attractive entry.
I actually was going to start a thread about IIP tonight. I don't know what Worden said, but I'll bet it was bullish.
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Registered User Joined: 12/31/2004 Posts: 382
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On IIP worden was bullish on this stock.when he talk about it was makeing a new high and he said let it come down then buy it in it did come down now its takeing off .Its in the notes in the Telecharts.Worden was right on.
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