InvestorsHub Logo
Followers 767
Posts 19704
Boards Moderated 2
Alias Born 02/28/2007

Re: lawdog1 post# 20173

Thursday, 04/11/2013 4:49:46 PM

Thursday, April 11, 2013 4:49:46 PM

Post# of 45507
it's not about getting rich and you certainly don't want to get GREEDY. why i won't be waiting for .19 or even half that amount.

lawdog this is how you really play the pennies. flipping imo is small time for small profits. i won't lie i do it. plays that have allot of debt like most pennies do you have to flip. get in make a grand or two and get out. debt plays you never go heavy on because you never know when the bottom is going to drop out.

hopefully lawdog you're sitting on a million shares of cpsz. this is what you should do with that profit.

sell those shares at .035 for 35k. put 15k in the bank and trade that 20k. watch the market show patience and find a play trading at around .001. what you want to find is a play that has a real business, small debt load and a SS under 650mil. i know there isn't that many out there like that but they do come around. when you find one GO HEAVY! what i mean by heavy is at least 10mil shares 1k per point and wait. sit on it don't flip it just sit. you only need to find one or two plays a yr to do very well. it's not about being in every hot play out there you just need to find one or two. experiment with the other 5k. try your hand at flipping and watch how fast you lose it.

you will have to get used to being whiplashed around which is hard . 35k up and then 25k down used to drive me crazy now i just take a deep breath and relax.

k mag was the last one i went heavy on. cpsz now.

all the best

A king must have a queen and she is mine.