PennyStockChaser Presents: When to Sell Your Penny Stock!

* Reuters is not responsible for the content in this press release.

Mon Jun 1, 2009 10:27am EDT

MONTREAL, June 1 /PRNewswire/ - Penny Stocks have the potential to garner you
a huge profit as long as you know when to sell. Of course, the old adage 'buy
low sell high' comes to mind but it is never that simple is it? We at
PennyStockChaser.com always believe that you should have an exit strategy in
place before you actually buy the stock. This can be done by placing a sell
order with your Broker or by watching the stock yourself and selling at the
appropriate time. Either way set your sell limit, and stick to it. It is also
important to make sure your sell limit is reasonable.
It is going to happen that you set your limit to sell but the stock continues
to climb. That does not mean you cannot purchase more of the stock using some
of the profit you just made selling your shares or just take your profit and
move to the next stock. If you buy a 1000 shares of a stock at $0.10 and put
in a sell limit of $0.15 but the stock continues to climb stick to your sell
limit. You have the option of taking your profit, reinvesting in the stock and
setting a new sell limit for this purchase or taking the profit and moving on
to the next stock. The point of a sell limit is not to limit your profit, but
to limit your losses. However, the decision to sell and buy is always up to
you.
At PennyStockChaser, we want to provide investors with some general guidance
in penny stocks trading. Subscribe NOW to our newsletters by clicking on the
following link: http://www.pennystockchaser.com/join-now/
PennyStockChaser has been watching the following stocks: Eastman Kodak Co.
(NYSE:EK), United Microelectronics Corp. (NYSE:UMC), Borland Software Corp.
(NASDAQ:BORL), Antigentics Inc. (NASDAQ:AGEN), Golden Star Resources Ltd.
(AMEX:GSS) and Rite Aid Corp. (NYSE:RAD)

About PennyStockChaser.com

PennyStockChaser.com is a leading stock website that provides free daily
alerts on stocks that are moving up. PennyStockChaser.com also tracks small
cap stocks that are on the brink of exploding. We also feature companies on
our website with research report, analysis, and newsletters. To feature a
company on our web site please contact us at editorial@pennystockchaser.com
PennyStockChaser.com is an independent electronic publication that provides
information on selected publicly traded companies. PennyStockChaser.com is not
a registered investment advisor or broker-dealer. PennyStockChaser.com's
affiliates, officers, directors and employees may buy and sell shares in any
company mentioned herein and may profit in the event those shares rise in
value. Please do your own Due Diligence before investing in any of the stocks
mentioned above.

Mike Jacob of PennyStockChaser.com is a member of the National Association of
Securities Dealers, CRD number 1818665.

For further information, please contact:
PennyStockChaser Editorial Staff
Email: editorial@pennystockchaser.com
http://www.pennystockchaser.com
SOURCE  PennyStockChaser.com

Suzie Ma, 1-866-469-8524
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.