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Re: Man Utd fan post# 262270

Saturday, 01/19/2008 2:05:54 PM

Saturday, January 19, 2008 2:05:54 PM

Post# of 286281
Man Utd Fan, Even though it was sad what happened here, it was a good learning experience for me.

First the obvious. If you want to invest in the OTC and pinkie land you have to trade. The easiest way to do this is to buy low and sell high. I didn't do that here. Further, the debt spiral financing agreement made it very difficult if not impossible for most people to accomplish good trading.

I was ignorant in this otc arena. When the authorized was raised to 25 billion I should have been long gone.

Now and in the future I will be looking for plays that are at there low or lows, dilution must be very little or none at all, Authorized must be controlled.

GRXI is hopefully a good play at this level. I will try and get in at .0002. Then the hard part to sell on any pops. I can't sit watching the ticker all day like day traders because I have a full time job. So I have to hope The big gain lasts more than a short while. FCCN moved for several days, I would be happy if GRXI held it's pop for one.

Kol...