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Re: None

Thursday, 03/18/2010 10:42:43 PM

Thursday, March 18, 2010 10:42:43 PM

Post# of 79952
The best way to play these pinkies, IMO,(If they have a good story) is to get em as low as possible and hold for a pop, then sell enough to cover your full investment so that you are only holding free shares. That way you can't lose.

IE,,I bought 3 million shares with an avg. of .00045 and sold 1 mill today at .0016. My initial investment was $1400 and I cleared $1600 today and still have 2 million in my acct.

I also have a fairly strict policy that I will not allocate more than $2000 to any one pinky investment.

You'd be surprised how fast it adds up,,,lol.

If you're a gunslinging daytrader then I guess you go all in,,,lol, It's just not my style.