Bought at 1.40 trading at 5.55 sell now or hold?

[cantbeatluck]

On some good information I jumped in somewhat heavy on EVCC at 1.40 closed Friday at 5.55 or so and im thinking of bailing. Any advice guys?

[Fishhead24]

Why not sell HALF your position............this to me would be the prudent way to go.

You would wrap up a nice profit no matter what happens in the next 6-12 months and you may make a bundle.

-FH-

[Banditgberg]

how many shares are you talking about?

congrats you crazy day trader

[cantbeatluck]

I picked up 8000 shares at 1.40 which is 10% of my holdings.

[Fishhead24]

Sell 4,000 and TAKE MONEY/PROFITS OFF THE TABLE!

[pig4bill]

It may run some more, but my friends in the biz say it's a pump. Take some off the table and use caution with the rest.

[Thremp]

Question:

Before you buy anything shouldn't you have a plan on what you wanna do with it? Unless something graphic happens?

[cantbeatluck]

Yeah I like the sell off 1/2, most are saying its a pump as well but I hear it could pump to 18 in next few weeks with who is pushing it etc...when I buy something this low Thremp I dont really have a plan but always have a stop loss in place.

[gull]

The game conditions and your edge should affect staying or leaving, not your stack size.

Sell.

[Thremp]

Is the correct question to ask here: Would I buy it at this price?