Nice! Update
$Processa Pharmaceuticals (PCSA.US)$ Processa Pharmaceuticals Announces Closing of $7.0 Million Public Offering
1 MINUTE AGO, 4:22 PM EST
VIA GLOBENEWSWIRE
1 MINUTE AGO, 4:22 PM EST
VIA GLOBENEWSWIRE
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Benjamin’s : Think it will drive the price up tomorrow., it’s a good news. But sometimes good news is bad…
Benjamin’s : Trytosaveabit. I’m in @2.38 Friday morning. I should have sold @2.70… what’s your thoughts about this idea ? Should I get out now? Or you think it’s got potential?
Trytosaveabit OP Benjamin’s : Yeah I would have sold at that, especially going into the weekend! I mean you were close to 20% profit! I know it’s not a home run like everyone wants. But 20/35%! That’s my bread and butter! Trust me it adds up really really fast! But if i didn’t sell? I’m going into Monday morning with about a 2/4% gain. I’m now holding until I hit my SL or riding it out to see if it’s going to give me my profit back? But if i get up 8/13% and the chart tells me it’s more than likely going down? I’ll be happy with the win and sell. Unless I really believe that it’s got a decent chance to move up soon due to some possible catalyst or PR coming? Then again since i didn’t take the profit when it was available? Maybe I’m ok with waiting it out and even averaging down? Which I don’t do very often, but do sometimes. But most times I sell take the win and wait for the proper setup to trade again? Again this is how I approach this type of situation! Whether wrong or right in others eyes! NFA! GL and hope your weekend is going great
Benjamin’s : Hopefully pre market it goes up . Will see thanks for your feedback . Very much appreciated. At least I have idea that it’s not a long play.
Trytosaveabit OP Benjamin’s : You’re welcome! I really hope it gives you back double what it was Friday? But I agree I don’t believe it’s a long hold, I could be wrong? But I see it being a up and down ticker for a while yet! It may be a good trade several times? And I do believe one day it will turn into a trade you can hold for a long time. I personally at this point don’t see it as that yet! I would love to be proven wrong though! It would mean a company that’s trying to make something for the betterment of people who need their products! And yes for them to make money as well! But we all like to make money for the work we do! So both thing are equally true! Hehehe