Be careful! That is over one thousand dollars in a single transaction. Is that like nearly a $400 profit for you? Perhaps you can take an afternoon off from teaching chess down at the community center and go for a victory dinner at Applebee's.
Mommy would be so proud, if you were only 14 years old. But seeing that you are an old fool past middle age, that is simply pathetic.
As they say it on Wallstreet "Bulls make money, bears make money, pigs get slaughtered".
With your trading strategy, at least you wont get "slaughtered". Cant fault anyone who takes a profit.
I wouldn't do what you did. Of course this could go back to $3.25, but it could easily jump to $5 or $6 over a few days and then you'd kick yourself. Why sell when you _know_ how extremely undervalued XIN actually is? Your gain on 400 shares is nothing. It is one decent (certainly not fancy) dinner out.
You have less than 10 grand in this game. That's peanuts relative to how much time you spend here. Quit blowing your chance to make some real gains.
Well to paraphrase and old saying a 1000 here and a 1000 there and pretty soon you're talking about REAL money. I have sold into rallies many times with this stock. That is why I have money to buy on downturns. There may come a time that the stock will go straight up but I doubt it. Don't know how much money you have but my entire portfolio is only $120,000. Sorry if that doesn't measure up to your Romney sized portfolio.