InvestorsHub Logo

nez

Followers 17
Posts 1789
Boards Moderated 0
Alias Born 01/19/2006

nez

Re: vlftraders post# 13413

Friday, 08/11/2006 11:54:23 AM

Friday, August 11, 2006 11:54:23 AM

Post# of 84181
Folks,
The reason I got out when I did is because I have been burned so many times on fridays, when waiting for what should be significant news, only to have people with really deep pockets (I guess) dump towards the end of the day. I don't have enough experience to know for certian if this is a rule of thumb, that is, not holding pinks over the weekend, but if in the waiting mode, it seems that way. Atwt made us back a nice profit and I for one am going to keep the Powder Dry as some say, because in addition to getting burned on Fridays wait period, somehow Monday rolls around and the stock drops in direct opposition to all expectations. I don't understand this type of activity and this is why I got out I believe in the product but not increasing A/S after saying you wouldn't. I have a suspicion that has something to do with the events. If anyone can pick my observations apart I would appreciate it. We can use all the input we can get about this Friday thing I've tried to discribe. TIA,
Nez


Any society that would give up a little liberty to gain a little security will deserve neither and lose both.
Benjamin Franklin