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Sun Oct 24, 2004 1:43 pm
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?? 
Sun Oct 24, 2004 1:55 pm
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)
Sun Oct 24, 2004 2:07 pm
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?
Sun Oct 24, 2004 2:31 pm
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 .
The only exception when the evil TNT decides to give the Neopian economy a little push and bankrupts a stock, but that rarely happens .
Sun Oct 24, 2004 3:06 pm
thats what i thought. thanks again Quanda. This can be locked now. 
Mon Oct 25, 2004 12:06 pm
See, good thing you waited. EEEEE increased by another 100% in 1-2 days.
Wed Oct 27, 2004 11:37 pm
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?
Thu Oct 28, 2004 6:27 am
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.
Fri Oct 29, 2004 9:46 am
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!