SKFL_ What is my best option..........

[Spa City Hawg]

......

I made a Rookie Mistake and bought in on an e-mail tip. got in a .20 week later jumped to .75. Stock watch forecast it to hit 1.05 I am going to be gone so I place Sale bid at .91; falls to .15 to .10 range for last few months.

Not much movement or volume I'll took a big hit still holding stock value a low 500. At this point I'm thinking sell and put the 500 in play. WWYD?

[TonyM]

I would sell it, chalk it up to a learning experience and then stop playing the pennies and get into some 'real' stocks and gain experience there before trying pennies again. Imo, only the well experienced, quick and adept traders can make money with them and they are looking for traders just like yourself to profit from. With the mainstream stocks even a novice can make money in a bull market and hopefully learn enough along the way to know that their early success likely had a lot of luck involved.

Oh, and tips are waiters.;)

[microhedge]

I would sell it, chalk it up to a learning experience and then stop playing the pennies and get into some 'real' stocks and gain experience there before trying pennies again. Imo, only the well experienced, quick and adept traders can make money with them and they are looking for traders just like yourself to profit from. With the mainstream stocks even a novice can make money in a bull market and hopefully learn enough along the way to know that their early success likely had a lot of luck involved.

Oh, and tips are waiters.;)

Good advice Tony!