I bought $DPW at $3.12 today for 400 shares. It's now up over $4 AH and it looks like it'll gap up again tomorrow. However, they're holding a conference on the 7th and I really want to capitalize and hold until the 7th. I'm not sure how the stock is gonna do for the next couple of days before the conference.
What would you guys do? Would you take profits tomorrow and forget about it? Or would you sell on the 7th?
They will more than likely do an offering but if you got in at 3.12 you need to scale out as it moves up to bank something along the way.
i think it's at $3 now after an S-3 filing hit in after hours. my recommendation is anytime you have almost a 33% profit then take 50% to 75% of your shares off and bank the profit.
let the other remaining percentage run - if it cracks down, it has to really crash hard to wipe out your profit. if it runs up another 100% you still have a killer gain. i see giys in investors undgd doing this, roland does it.
take profits along the way - bank meat of move - never know the news before announced - bank it!
Join now or log in to leave a comment