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Re: bag8ger post# 181280

Tuesday, 06/27/2006 5:37:27 PM

Tuesday, June 27, 2006 5:37:27 PM

Post# of 286510
Flipping's not inherently a bad thing, it's just getting in the position to be able to do it, having the kahunas to try it, and being nimble enough to do it at the right time that's the tricky part. All of which I don't have the ability to do right now, especially the kahunas part.

Wait a minute, am I talking about this stock or my inadequacies in the bedroom?

Anyhoo, like others have said on here, all stock holders of non-dividend stocks are in effect flippers. It's just when those flips occur that's the problem.

It's about the percentages gained and not the actual PPS with these pennystocks. And everything happens at a much faster rate, almost by the hour or minute, thanks primarily to the dilution, and so you have to be ready at all times during the day to pull the trigger and be able to do so repeatedly. Other stocks seem to give you a day or two to catch the wave.

I'm not a flipper by any definition at this point in time in any of my stocks, but I don't blame those that do and succeed at it.