Wednesday, February 2, 2011

Sold all my VCTY position @.0017 for a loss

Sometimes you just have to cut your losses and follow your rules nomatter if its a loss or a gain. In this case I sold all of my VCTY position @.0017 which equates to about a $103 loss.
I jumped in this one without doing my research and just playing the news. It seemed as if the momentum was going to keep the stock climbing if they released another PR but the dilution the stock is doing and looking at the stock promotion campaigns the company has done in the past tells me that I need to exit asap. Lesson learned. On to the next one...

1 comment:

david zeck said...

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