InvestorsHub Logo
Followers 70
Posts 9741
Boards Moderated 0
Alias Born 01/21/2007

Re: GotOptions? post# 5523

Sunday, 02/25/2007 7:34:47 PM

Sunday, February 25, 2007 7:34:47 PM

Post# of 33904
Yup...and a strong long postion has many definitions, mine is developing a large base of "free shares"....that is the basis and leverage a penny stock can offer you. And if it accelerates forward like HMGP......your golden.

I have done this strategy successfully with HMGP and I have just completed it with NVMG (free shares), now it just needs to head up, but time is not an issue as long as the story remains strong.

Establishing this type of position allows you to basically hold in a risk free environment (i.e seed money + maybe some profits $$ are out) and ride the story to either it's full potential or your set target objectives.

Kels


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.