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Re: A deleted message

Tuesday, 02/07/2017 12:13:22 AM

Tuesday, February 07, 2017 12:13:22 AM

Post# of 73898
Sorry Champ I don't chase very often. I adjust up or down entering and exiting a trade. For example I thought this would go from .025 to .05 in less than a month with the shareholder meeting. It ran out of steam in the low .04's and I sold. Thought it would bump up after meeting and then fall back. It ran right into the seller and many people on here were still hitting the ask. You can't front run a stock when you have a motivated seller with shares on the other side. Not my style to hit the ask. It has not dropped back down to my .0275 area to rebuy.

For the record today I would consider buying at ..0275 -03 area.
If it runs to .10 before I get loaded up no big deal. I made good money on it and might have a few shares laying around to get rid of.

In my opinion who ever bought the 2 million at .03 probably has a good trade going.
Only concern would be getting out of a position that big in a stock that has low volume.
I know they don't have any cash so I would also be worried about the share count and financing.

Don't get me wrong I swing for the fences once or twice a year just not on this stock.
I am in the batters box on another stock right now but it will take a little time to play out.
I don't put my business on front street.
If I'm buying 2 million shares I don't need any competition getting them.
A lot of people are happy with making 10 percent on a quick play not to call anybody out but Rock and Roll probably bought some bodies .03 shares that were bought last week.

At one time I had $80,000 invested in a pink sheet stock.
Same deal going from .05- .10 to low estimate of $5.00 a share.
I got out with a small loss but 3 years later it was no longer trading.
Still have 300,000 shares I need to write off.

Last years huge mistake was a ton of VRX options that will expire worthless in March.

So I understand you guys swinging for the fence but I have also been around the block a time or 2.
I have the feeling not everybody in love with this stock has. A few people I might have read 10-30 pages of post to see how they play the game.

You catching the fact I was out of the stock means you were paying attention. Most people just get pissed off and have no idea what's going on.

If you take to many swings you might strike out. I will be watching this and trying to make a little money off it but once again no big deal.



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