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  1. sxminvestor is offline
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    Joined: Oct 2008 Posts: 738
    04-17-2009, 12:42 PM #1

    With 1.00 + looming - scared to sell

    I made the mistake buying on the way up in past years and I will not make the same mistake selling on the way up this time around.

    This stock is still being characterized as speculative and this is the best news investors that have loaded up have because by the time it is considered solid and risk subsides, the stock will be at 1.50 pre-reverse split.

    This is where the ridiculous gains are made, not after it makes the big move.

    As this stock moves up and makes higher and higher bases, you should add on the pullbacks when volume drys up.

    Sure you can try and swing trade it, but you better make sure you sell near an overdone high for a day.

    Like today, if you picked the high .49's to sell, you could have picked it up 3 cents cheaper already, but if you sell at .47, it may just close higher and you could lose the stock if it runs to .60.

    I think .47 is starting to look good for today - I see some good buys coming in there on level 2.

    Let's get to the close bidding .50 ask higher....

    I'd be crapping my pants if I was short this equity right now because any surprise announcement will send it skyrocketing.

  2. trippingthespeculatingpos is offline
    Guru
    trippingthespeculatingpos's Avatar
    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    04-17-2009, 12:55 PM #2
    yeah if i was running siri i would at least put out an iphone update and say how far along it is or something to say hey its coming just hold tight. anything to add to the good momentum. gotta work kid.

  3. sxminvestor is offline
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    Joined: Oct 2008 Posts: 738
    04-17-2009, 02:36 PM #3
    buy & buy to cover orders kicking in at .50 and an even bigger short squeeze may just happen by end of day.

  4. bwebbman is offline
    Junior Member
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    Joined: Apr 2008 Location: North Carolina Posts: 16
    04-17-2009, 05:26 PM #4

    Break Even

    I just picked up $5,000 today…Hey, Hey, Hey…Just $37,000 to go to break even.
    I’m smiling