InvestorsHub Logo
Followers 8
Posts 745
Boards Moderated 0
Alias Born 05/31/2006

Re: None

Tuesday, 01/08/2008 9:27:56 AM

Tuesday, January 08, 2008 9:27:56 AM

Post# of 5932
Why the bulk of shares are held in iron fists...

One important fact is that most of the float is held by a few people and company insiders. Most over 366 days. It is not my intention to flip these shares on a pop to reload due to the implying short term tax implications. When we sell it will be because we think the company is over valued and not a day sooner.

The weekly chart is key, not the 1 minute chart.

Happy Trading,
Squeegee