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Law 21
Play a Sucker to Catch a Sucker – Seem Dumber than your Mark
No one likes feeling stupider than the next persons. The trick, is to make your victims feel smart – and not just smart, but smarter than you are. Once convinced of this, they will never suspect that you may have ulterior motives.
Happy Trading! :money:
Hey Redcloud... thanks for the generous comment in Wednesday's thread. I appreciate it!! Maybe when we are done with the 48 laws of power, we can go move to Redcloud's "Rules of Investing" :) Gotta keep the forum pumped up!!! Good luck today!
p.s. all we need is the ability to @ someone inside a comment and have it send them a message, email, or notification so they know someone is talking to them. :)
p.s.s. as far as giving me rep points... you will have to spread that around to others before you can give me some again.
MJNA day trade again? similar drop at open like yesterday???
Quote:
Originally Posted by radejs
F it, in at .175, limit out at .21, lets what shakes out
I was just telling the guys over in chat about MJNA at current levels. Trying to decide if I want to trade this or not.
edit: the interesting part is MNJA made money last quarter too.
Quote:
Originally Posted by radejs
Is anyone day-trading ONVO? That stock has had some wild swings lately.
done a couple swings over several days low three's to high three's, still holding core too. Volume on the low side latelyQuote:
Originally Posted by SlapShot27
I'm holding a small core and would like to accumulate more on the dips. I'm not much of a day-trader. Good luck with your ONVO position.Quote:
Originally Posted by radejs
A couple of negative pieces on SA recently. People questioning their books.Quote:
Originally Posted by radejs
A chat member over in chat sent me this link warning me about MJNA. I had a 30K buy order in at $.18 but was able to pull it after reading this article. This author is very well respected over at Seeking Alpha so I didn't hesitate to cancel my order after reading it. Do you guys remember SpongeTech (SPNG)??? Are these spongetech type earnings????
http://seekingalpha.com/article/1369...e-being-robbed
Regarding day trading.....I only trade the pennies when the volumes good. If not you can get stuck trying to get out of a ONVO type stock on low volume and the tick down can happen fast. With no market sell option it can really screw you. When the volume drops off hold long if you thinks its a real investment or move to another stock. I'll put a buy in for MJNA and the 200 day for a quick trade the volume has been good.
I'm not sure I would ever day-trade, although it is tempting when one has accumulated a decent amount of shares of a particular stock. I am not able to devote the time to such endeavors as I am a workin man. You mentioned volume and RAD's post indicated volume as an important part of the day-trading equation. Also, with ONVO, there is often a BIG difference between the bid and ask- not the normal one penny difference one sees with SIRI. That's a concern of mine. Anyway, this post is all over the map. I'll stop now. Thanks for the replies, though!!Quote:
Originally Posted by Sundeeez