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Re: HowToBeatTheSystem post# 259

Wednesday, 04/15/2015 9:48:09 AM

Wednesday, April 15, 2015 9:48:09 AM

Post# of 6751
Love your observations about this stock and in general about your trading patterns. We play the pennies the same way. I'm a banker by trade. Thus I am more empirical by experience.

Years ago, I bought up shares of small banks knowing there'd be a consolidation as banking requirements forced higher capitalization that small banks did not have. I took positions knowing what would come to pass, meaning buyouts & mergers, and it paid off well. Those shares were illiquid too like DDDX.

It's kind of the same way here with the pennies. The only time I have lost, when it was a low float play, was by not being patient.
We'll see the big named 'hubbers start to broadcast their tweets & charts, and DDDX will fly. I'll sell at 100% profit and let the other shares ride till they fall 25% off the high.

The only time that this strategy doesn't payout is when the company expands its share counts. We're just waiting for the sevens, in gambler parlance. Some CEOs are afraid of the takeover and expand the share count drastically, killing their stock's PPS.

GTLU on your positions. You are always welcome to PR or respond in kind.

DDDX