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Re: JTrader post# 270

Saturday, 02/27/2016 1:45:19 AM

Saturday, February 27, 2016 1:45:19 AM

Post# of 472
JT. Butting in here so apologies upfront.
1. Stumbled across latest PR announcing CLOW signing a contract with
ZangIT to join forces. One of Zang's big customers is the Queensland
Gov't Assn. That's right, the Australian government - excellent.
2. Checked HOD PPS for prev 3 weeks. Av around .50-.60 EVERY day.
3. Watched L2 for 1.5 hours on the 25th. PPS hovered around .32 so figured safe to jump in. Plan to sell around .50 and pick up 60%.
4. Warden needed some errands ran.
5. Took off for 2 hours.
6. Turned on mach upon my return. Figured PPS S/B around .40.
7. NOT. Sucker DROPPED 50% in like an hour or so !!!!!!!!!
8. Jaw hits table----------WTF.... un fricken believable I say.
Almost as bad as when I shorted the crap out of FaceBook when the free shares (millions of 'em) the employees were given where eligible for trading. Everyone figured the market would get flooded.
Did not happen. Shares went up. One old timer said he had not seen a golden opportunity like this FaceBook thing in his 30 years of trading.