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Friday, April 29, 2016 12:50:19 PM
When I am trading, I am in and out of a stock quickly, and usually have no time or inclination to discuss it on an Internet forum.
For a small number of tickers, and usually only one at a time, I take a long-term long position for a spin at the big money wheel.
PPJ was worth about a million bucks and had a pending lawsuit where they were asking for $26 million. Not often that there is a chance at a court enforced chance for a company to increase in value 27 times. The lawsuit didn't pan out, but one takes their chances knowing that failure is an option.
DNA used to be traded as an OTCQB stock, used to have actual products which were competitively superior in thousands of retail stores in nine states. There is no reason those products cannot be used to leverage a comeback for this company. So, that is... in my opinion... another opportunity to have a spin at the big money wheel. Like PPJ, it also requires taking a long-term long position.
Is a payoff coming? Maybe it is and maybe we lose everything. One better understand that fact of life before placing a buy order.
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