It’s that time again to off-load some of the slackers from the watchlist. Both EUGS and IBCIQ lack the necessary volume and price direction needed to be included on the Quazi-ticker.
On the positive side, EUGS would have risen 24% after only 3 days. If you held it until now, you would have cashed out with a 10% gain.
IBCIQ, although still potentially profitable in the near term, has been flat-lining for too long. After five days, an 11% gain would have been had if you played your cards right. Or if held until now, you would have to take the 22% loss.
With some of the triple digit gains so far, these type of minor losses are worth the gamble. Best to free up the trading cash for something better. GETG is a poster child for the triple digit gains. After eight days on the watchlist, this stock has risen more than 139%! Give up a little, take back alot. Small losses are worth the monster reward.