Followers | 371 |
Posts | 5333 |
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Alias Born | 05/09/2013 |
Tuesday, July 18, 2017 3:35:36 PM
You're not telling me anything new.
It does not mean one can't trade these short term. This is not an investment--- It's a trade--- A BIG DIFFERENCE!!
All of my subpenny trades of the past have involved buying as a result of new lows caused by a dilutive factor.
My subpenny record is impeccable & I've traded successfully stocks worse than this $OPMZ with more ongoing dilution & with more O/S in the .0004-.001 area. My post history 100% proves clearly my record (in trades alerted before they rise with alerts on selling, etc.).
I do not need anyone to waste their time complaining to me that this is a 'scam'. To argue over it is futile because it is not very relevant to short term trading a ticker, but only relevant to it if one is investing in it longer term.
I'm aware of the risk on all these subpenny stocks & this is treated with proper risk/reward strategy & is treated as a trade, not as an investment. It is just a ticker mechanism with liquidity inflows & outflows that is traded/flipped in short term intervals based upon volatility & technicals.
This is the 3rd time I've been in this stock in the past 3 months in particular (but has been done privately---not posted in those instances for public followers). The first 2 times were successful profits back in April & in late May, so I am fully familiar with $OPMZ individually & with these stocks in general.
It is of course possible that this could flop for me this time & never pop back above .001+ because nobody is ever right 100% of the time, and if that scenario plays out, I'm properly allocated with low risk $$$$ in this (as always with each subpenny trade) & my overall average on trading these OTC-SubPenny stocks is with huge net gains, so I'm prepared for any scenario.
But it is still my contention that this has a good chance to reverse back toward .001+ area at least for a trade in the interim short term.
I've proved countless amounts of doubters of my trades in the past as judging me wrong, but that said, we shall see what happens. Having critics on these boards at every trade I've ever done in every step along the way is really nothing new.
The future has yet to be determined.
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