Aethlon Medical Inc (AEMD)

[BWAstrology]

A) You can make infinitely way more day trading a stock than waiting 2-3 years waiting for 1 stock to maybe materialize. Penny land is one of the most unsafe places to stay long term. I have already made $1900 day trading this stock since last Wed.

B) That tax information isn't correct. Day Traders actually get better tax rates but you have to prove you are a Day Trader and there isn't any specific # of shares that you have to trade. So, its a bit tricky to prove are a day trader but if all your trades are day trades its easy.

C) You broker has a nice end of the year statement with all your trades so its VERY easy to maintain.

D) You can also miss out on news that cause's a Stock to tank which happens way more than "winning the lottery" in Penny Land.

While I think AEMD is a GREAT Potential stock and maybe one day when its in dollar land and on the Nasdaq. It still doesn't have REAL revenues. So, there is still a HUGE gamble here. I have lost 1000's of dollars on Companies such as AMBS and FLXP (MONA) because I stayed in them with the "hope" they would explode.

If you want to hold a stock long term buy BABA or AAPL. Penny land for me is too much risk to hold long term.

That being said, I really like AEMD but I don't want to wait a year to make what I could potentially make in a few weeks. Will be interesting what happens today after the falling knife which most experienced traders knew was coming and why I got out at .584 before it exploded to .72. Anything over .60 was a gamble. I really hope it continues to go up and if it does and creates nice areas of support I will continue to buy on the dips and sell into strength and take profits as long as the news continues to flow. Because without revs this stock will plummet without the support of real news.