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Monday, June 29, 2009

Sold all of my BEHL position as volume dried up

Sold BEHL @.0074 for a small loss. This was a very small position to begin with but volume has completely died and just wanted to save the little amount i put into this stock. Next...

3 comments:

ndboom337 said...

you may want to buy back your position. Check out the volume on friday. I added to my position.

cheapspenderishere said...

You know even if the volume has dried up still its not right to sell your position. You know you entered the world of penny stock so you should strive hard and have courage to let it grow in whatever situation it will face. But now we can't do anything you sold it already. Maybe try your luck again. (Don't get angry, I just told you my idea)

UFgemini said...

Good call on the buy back ndboom...

cheapspenderishere...first off, it is the world of penny stocks. If you hold onto them long term you will get burned. Play the news ride the market hype wave and then get out. This stock however completely died and people lost interest. Thats why I sold. The only reason it took of again is because they are having a PR news rally. Nothing else. This pennystock will die a slow death just like 99% of all pennystocks. Pennystocks dont grow, they get pumped and then they get dumped. If you dont believe me then look at the millions of charts of all the pennystocks out there.