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Re: chrislal post# 25344

Friday, 07/18/2014 10:53:32 AM

Friday, July 18, 2014 10:53:32 AM

Post# of 34668
@Christal: Hey, I was up at 6am and was monitoring all the price action really closely. The ones at 90c post split were certainly "real". And it doesn't matter. Institutional traders trade off of technical levels, as do the autobots. A mark is a mark. At 7am there was serious volume around the $1 mark. And support was established around $1.45. It's "real" because many of us traded off of it. Just like many of us exited yesterday in pre-market once the measured move target was struck. Just like the $6.15 high in pre-market yesterday was real, even though those who sold at $1.45 must have felt it was "unreal".

What can I say. These last few days seem surreal. But not to those who have traded this junk since 2011 with our lotto budget.

(A) Have very reasonable expectations; (B) Educate yourself and perform due diligence; (C) Don't enter without a strategic plan and target, for both best and worst case scenarios; and (D) Lead inward/outward and never follow.

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