Gonna start to dabble in some MFLM
Ending up doing very nicely with the FBNI/FTWB situation. Sold enought pre-split to keep the reverse from wiping me out and then bought back post split very cheap which I have started taking some profits on. Got REAL lucky here, if I held 1 more day before selling before the surprise split, it would have been very ugly. A lesson to be remembered, make sure you take some profits on a run, just in case there is a hidden disaster around the corner.
I am looking at MFLM which just did a 1:4 reverse, currently has a market cap of $450K. Trying to get under .008. I am sure they will sell more stock, but usually they will pump before they sell. So looking for 50% (.012) and then sell out and wait for the next cycle. Not going in too heavy, just pick up a chunk, add more if it drops, sell into a run.
Mack
If somethings hard to do, then its not worth doing - Homer Simpson
