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Thursday, March 16, 2006 4:34:24 PM
On HISC, I started with 4 Million shares at $0.0025, sold half at the double, rode all on free shares, swing traded, added and sold again then all on free shares from a penny on.
I took a million shares off the table at 2 cents and when it kept hitting a nickel and retreating to 2 cents and back to a nickel again for the third time, I decided to take off another million shares the next time it hit a nickel. I did, took another $50,000 off the table in profits, only to see on news pop the very next morning to $0.083, and then the next day to $0.14 !!! I was very happy to have made a 54-bagger, but always the greedy part of me was wishing I had bought more shares earlier on, and not sold that 1 million shares at a nickel.Even so, with more swing trading I took a 6-figure profit off the table, and now sit with a remaining 500,000 shares on HISC and will just see if it ever takes off.
This is my second chance with RSHN. 14M+ shares averaged at under $0.0009, and not looking to sell ANY this time till close to a nickel.
Yes, this is a greedier method, but it's much more aggressive when you consider the explosive potential here. Many will sell out around a half cent and buy back, that's fine with me, as I think I will start swing trading myself, just for the fun, but I will hold my core position of 14,330,000 and just enjoy it for now.
A lot depends on if there is a similar deal as HISC with a share buyback, or retirement of shares as to where this goes. I really can't see it getting to 50 cents or a dollar with 2 billion shares outstanding, but oh my, 5-10 cents+ is VERY POSSIBLE considering other stocks with similar share structures. VERY POSSIBLE INDEED!
Disclaimer: You are completely responsible for your own investment decisions and who and what you believe on the boards.You are responsible for properly analyzing and verifying any information you choose to rely upon.
Doc
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