All theses penny stocks are true GAMBLING! Especially these med companies. Being oversold doesn't matter with these stocks. Doesn't mean I don't like to gamble once in awhile tho!
Hey Rad, that sounds like a painful event you just suffered. I know you have had some good experience with those OTC equities, and for that I tip my hat to you. My luck has been nothing but bad in that arena, perhaps because it lends itself to so much emotional action, and not so much guidance through solid fundamentals. Oh well, sorry you got bit on this one. Maybe it will recover and the pain will go away soon.
For those in the DDD game, looks like some new life is sprouting after the big selloff yesterday. I was able to get out with a trailing stop and some decent gains yesterday, and have since bought back in and actually added to my previous tally through accumulation on the gains....and so far this morning I'm about $800 on the plus side of the ledger.
For a short moment I thought we were going to see some spring in SIRI's step, but it seems to be locked in at the 3.56-3.57 level. I also loaded up at 3.55 and 3.56, so I'm ready for a decent ride upward. PS. I still have a significant buy order siting in the gap at 3.50 just in case.
The DOG must have gotten his BALLS chopped off by SoundExchange. He's acting like a little Beoch. Up 50+ on the DOW and this POS hasn't moved all day. Maybe *they* want to test the 100 or fill that gap.....
I've bought 35K recently hoping these are 'sale' prices.
Nice to see some buying on the dips. I am holding out for Syria news. I can see something happening over the weekend. I don't want to get caught Monday if something happens.
Regarding Syria news, if you tune in to many radio/tv reports, there seems to be ample chatter to support the notion that our military involvement could be as early as tomorrow............ I personally believe the down day yesterday in the markets was due to the saber rattling, and there won't be additional damage done (in the markets) when the real thing happens............ Unless of course, Puti-Putin and his allies decide to raise their ugly faces in retaliation................
Last edited by Limit5Bass; 08-28-2013 at 04:00 PM.