InvestorsHub Logo
Followers 4
Posts 1663
Boards Moderated 0
Alias Born 03/27/2001

Re: di4 post# 540

Sunday, 12/17/2006 1:13:30 AM

Sunday, December 17, 2006 1:13:30 AM

Post# of 3071
di4 first you need to slow down your anxiety.Think about what you are doing & for what reasons.The best advice I could give you is to first understand that this stock is a penny stock play & trades on momentum.Thus,it will have wide pps swings & trading is the way to make money on these otcbb stocks.Also recognize that not every person posting is a long.This stock ,although a otcbb stock can be shorted with a off shore broker acct.

I have this stock on radar & won't touch it until I see sales & profits regardless of it's pps.If this company truly can make it ,then the pps doesn't make much difference.

My last word is that most people lose money trying to pick out the next msft.Better to buy solid companies.Example I more than doubled my money in Xom over the last several years & the total return is great with the dividend they pay.Another thing is to understand the big companies have option trades & you need to learn about calls,puts ,collars,stradles ie in option trading.

We are in a bull market on the DOW & S&P & now Nasdq tech stocks.These are the stocks to invest, not the garbage otcbb penny pumps & dumps.

hope this sage advice helps you to start learning before placing your bets on a slot machine.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.