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PennyStockRumble

Penny Stock Rumble

Monday, January 31, 2011

RIGH alerted today

RIGH was alerted today based upon reverse merger news released this morning pre-market.

The alert price was .0068. There was an opportunity to buy at .0065 right after the alert.

Within five minutes, the stock rose to a high of .0099 for a possible gain of at least 40%.

The stock traded sideways the rest of the day after falling to around .007, dipped as low as .006 and closed at .006.

It did not have the run that I would expect from news of the type that was released. But, 40% is better than a loss.

To protect yourself from losses, you should always use stop-loss orders. That way, if a trade does begin to go against you, your losses can be minimized.

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