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Phlameseeker
 Post subject: EEEEE
PostPosted: Sun Oct 24, 2004 1:43 pm 
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When should i sell my stocks in EEEEE. At the moment theyre at +105.56% and i paid 18np for them. i only have 500 though. What to do?? o_O

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Qanda
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PostPosted: Sun Oct 24, 2004 1:55 pm 
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It depends on how much you are out to earn. If you are a small-time trader only interested in making a quick profit of around 5-15k then I would say sell. Otherwise wait for it to reach at least 45 per share before selling. That 's what I usually do. I've known of richer investors who wait years for the stock to rise to >100np per share before selling (like JCK now)

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Phlameseeker
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PostPosted: Sun Oct 24, 2004 2:07 pm 
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thanks Quanda. im hoping for a decent amount of cash, so ill wait a bit longer. any idea what i should do with my smug, cos i bought them at 16, remembering hoiw high they used to go, and theyve dropped to 7?

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Qanda
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PostPosted: Sun Oct 24, 2004 2:31 pm 
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That's easy - just wait for them to rise again. All that falls rises, and all the rises falls. ;) The only exception when the evil TNT decides to give the Neopian economy a little push and bankrupts a stock, but that rarely happens .

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Phlameseeker
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PostPosted: Sun Oct 24, 2004 3:06 pm 
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thats what i thought. thanks again Quanda. This can be locked now. :)

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Qanda
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PostPosted: Mon Oct 25, 2004 12:06 pm 
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See, good thing you waited. EEEEE increased by another 100% in 1-2 days.

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Jonathan
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PostPosted: Wed Oct 27, 2004 11:37 pm 
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Qanda wrote:
See, good thing you waited. EEEEE increased by another 100% in 1-2 days.


Wow, that much? I think I should go invest in it. How many shares should I buy? I was thinking I should start out with around 100, and if they go up, should I get more?

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Qanda
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PostPosted: Thu Oct 28, 2004 6:27 am 
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I always buy 1000 of shares of a particular stock everyday. Payouts are too low if you buy less. And always only buy stocks which are between 15 - 17 np per share, no more.

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happysmileyfungirl
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PostPosted: Fri Oct 29, 2004 9:46 am 
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Jonathan wrote:
Qanda wrote:
See, good thing you waited. EEEEE increased by another 100% in 1-2 days.


Wow, that much? I think I should go invest in it. How many shares should I buy? I was thinking I should start out with around 100, and if they go up, should I get more?

wait until it goes down to around 15np or you'll make a loss or have to wait a long time for them to go back up again!
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