Thursday, March 22, 2007 11:42:06 AM
the interest people had in the security before the suspensions. for instance...the ckys trading immediately occured because there were many, many people that were interested in that stock and thought there was a great opportunity to buy cheapies after the suspension, no knowing that there were many, many "insiders" that were given shares by the company for payment to "spread the word", that apparently knew the hammer was going to drop...and sold into retailers' buys. it was bad...very bad......
IMO, the best thing to do is NOT BUY, but hold and just chill until the smoke clears....of course,,,,unless you NEED THE MONEY you have invested, then try to sell ASAP....all in my opinion..
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