I have been holding $ASTI for over 2 weeks now I didn't take profits when I had the chance, now I'm down $20. Also, with $GBSN, I am currently holding it for 2 days now and I didn't exit when I could've now I'm down $20. The only trade I've ever made profits in was my $TRXC which was a prediction I made with some technical analysis and I was in and out of the stock on the same day. My question is, is it worth holding pennies for a long period of time? Also it'd be great if you guys could give me some insight on $ASTI and $GBSN.
Mark, it is absolutely not worth holding pennies for a long time. Why do you think Tim and others have made so much shorting them?! Because there natural tendency is to go down. By nature they are "penny stocks" and are all but destined to fail in most cases. Best advice I can give for the future is go into the trade with a strict plan. Say you thought GBSN would break through a certain price but didn't, just cut your losses and move on. Never, ever hold pennies for 2 weeks either. We are here t
-We are here to make profits, get in and out quickly! Best of luck to you :)
@jaztrader4 Thanks man, really appreciate it!
Tim does not buy and hold. Do not invest in pennies. You day trade pennies and small caps. Review the video lessons. Buy earnings winners. Short pump and dumps. Review the rules and study. We also cannot give you financial advice. See a certified financial expert if you need help.
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