PennyStockChaser Presents: When to Sell Your Penny Stock!
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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
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