Monday, May 12, 2014

Trades - SING, OPXS, and NEWL

SING - Sold all shares at .0191 for a decent loss.  The stock had a lot going for it, but I noticed a lot of large blocks being placed at the ask.  This ultimately kept the stock from running higher, despite many indicators showing that it should.   Once I realized I was fighting a losing battle, I sold.  This one really cost me though.

OPXS - Sold all shares at .017 for a small loss.  I sold this one to buy more NEWL, which I think has great potential

NEWL - Bought and sold this a number of times for profit already.  I am currently all in at an average of .077.  I think this one has the potential to be a huge gainer.  Could see anywhere from .15 to $1.00 on this one.

2 comments:

  1. It's always a tough call when it comes to penny stocks simply because there are so many variables. The gems in the muck at least help to balance things out a bit.

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    1. Yeah, definitely tough, but the returns can be astounding if done right.

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