Novation Holdings Inc. (NOHO)

[I-Glow]

I play the price action and if I have a loser I don't keep holding and believing the company hype. Averaging down is pinkys is almost always a losing investment strategy.

Here is my best advice to a noobie trader:

Only way to trade penny stocks that use message boards, forward looking press releases and paid promotions is to just consider them all to be scams and just trade them do not invest in them. You'll lose 99% of the time if you believe the hype. Play the price action and always take profit!

Watch the L2 - always.

Too many noobies invest and get married to these pinky share selling schemes and never take profit - always thinking it is going to $1 or $5.

IG