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Tuesday, April 06, 2010 2:23:36 AM
Reverse / Merger plays are very speculative. Before the company updates the investment community, it can be very hard to value the companies shares. This can work both ways. Right now on EKWX, with the share price at .0025, the reward looks to exceed any possible risk, as its possible the valuation of any company coming in will be higher then that price. There will be a time where the reverse maybe true, and thats where you want to make sure you have locked in your profits. It is possible we get news tomorrow or no news for weeks. So trade accordingly IMHO .
Fear rules the market... Fear of missing out on an epic run, and fear of losing money. With todays trading, i would say everyone is focused on the former.
Fear can be a powerful catalyst for a stock, and i would expect continued Panic buying tomorrow. But please do your DD here. If we go above .004, it will be very tough trade so tread with caution. Ive seen crazier things, but for all we know this runs to .01+ on MOMO alone tomorrow. But be prepared for the opposite at all times.
My DD links are below, feel free to email me:jimmybobihub@gmail.com, PM me, or reply to this message with questions.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48622786
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48622806
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48622823
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48622860
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48622945
Happy trading folks!!!
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