GEVO - Is it good to hold and expect long . I bought GEVO at 0.316 and has been downtrending since i bought until this afternoon where it spiked to 0.34 . I heard some positive news for Gevo released by EPA on the isobutanol.
Is there going to be a breakout and if so what would be the point that i should consider to sell. I am reading news where some expect it to go as high as $6 or to the minimum atleast $1. Need some expert advice as I am new.
Definetly doesn't look like it will go near 1. I would sell it around 0.44 if I were you as it has former resistance there. Whoever said that it's going to 6, don't trust them any more. Very unlikely.
Also you got in at a good spot at 0.31 however, just take your 10-15 cent profit. Don't hold and hope for it to go outrageously high without a good catalyst. You should definetely look into getting How To Make Millions as you seem very confused.
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