MCHK is the only stock in green in my portfolio today. Hope it was the start of the correction today.
It looks like MCHX is wrongly side with Dow. Dow is over bought MCHX is over sold. Hope the market corrects the nonsense today.
Does anyone know about profit taking of the end of quarter?
Was today the last day of the profit taking for the institutions that need profit for the current quarter?
I mean: If you sold the stock shares today, that 'll be settled on September 30th - the fourth day from today.on the other hand, If you sell it tomorrow, it will be settled in the next month of October 1st - the profit will be recorded on the next quarter.
So, today was the last day for the profit taking -- Am I right?
You mentioned 9 months, not me, and I didn't get what it meant with YIppy. So, you haven't answered to that question.
Anyway, if you think Yippy is scam and it will go to .10 cents, you should sell it now and move on.
My average is lower than .30 and I am confident owning this stock in the long run; gaining revenue quarter after quarter and having decent business prospect.That's enough with me.
The difference between you and me seems that I am aware the risk of owning penny stocks, but you are not. Sorry.