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Thursday, November 13, 2014 5:26:48 AM
The conclusion is basically you can't expect a stock to go straight from 0006 to several pennies without getting trade around and establishing new higher highs and higher bottoms for support.
Also, for the love of God people notice they said "in the week and months to come."
There's actually alot of wisdom in that statement, that you can't buy at 0014 and KNOW that it won't go to 0012 or 001 for that matter.
Stocks aren't meant to be flipped every 3 hours IMO.
Even some of my friends openly contend this argument with me.
But all it takes is 1 VPLM, and I'd say I'm entitled to that opinion.
Because the people that flip every few hours or couple days can only hope to get a 2-3x bagger at most!
They will never be around long enough to see a stock reach its true potential.
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