Would you hold over night if it doesn't reach your goal?

Entry comments: I re-bought as it this stock is holding the .17 range well and selling has dried up, my goal is still to sell in the .20s, I just didn't have enough patience before because this is a VERY speculative stock...penny stock pumper Barry Honig owns 10%, that's the main reason why I'm buying, I'm guessing he has some paid pumps lined up shortly so he's trying to setup the stock now in preparation (just a guess though based on price action)...if I'm wrong I'll lose 1 cent/share
Exit comments: WHEW, what a day of patience, I'm done...I want the .20s but this is a solid gain on a speculative stock so I'm not going to risk it anymore...maybe it goes more, but I'll take it safely since this is a pump, not an earnings winner so be VERY careful
Position Updates
- Jun 29, 16 12:25 PM: Bought 25000 at 0.171 - I re-bought as it this stock is holding the .17 range well and selling has dried up, my goal is still to sell in the .20s, I just didn't have enough patience before because this is a VERY speculative stock...penny stock pumper Barry Honig owns 10%, that's the main reason why I'm buying, I'm guessing he has some paid pumps lined up shortly so he's trying to setup the stock now in preparation (just a guess though based on price action)...if I'm wrong I'll lose 1 cent/share
- Jun 29, 16 1:50 PM: Added 25000 at 0.179 - Added to my position on probable break above .18 c'mon .20s
- Jun 29, 16 3:08 PM: Sold 50000 at 0.193 - WHEW, what a day of patience, I'm done...I want the .20s but this is a solid gain on a speculative stock so I'm not going to risk it anymore...maybe it goes more, but I'll take it safely since this is a pump, not an earnings winner so be VERY careful
| Date | Price | |
|---|---|---|
| Entry | 6/29/2016 | 0.175 |
| Exit | 6/29/2016 | 0.193 |
- Total Views1,989
- Position Size50,000
- Percentage10.29%
Waiting for the morning spike. Looks interesting
I actually bought in again. I still see solid resistance at .17. Tomorrow I'm looking to either cut losses quickly or ride this one long for a bit
Scalp trade?