what is the dif between my pick and a p&d? Right? I dont go out and front load a stock for an immediate sell,, I have a target a little further out than $.01-.05,, I shoot for % gain ie: 20%+,, more for some stocks based on certain points of view that I have and will gladly share if asked.
the point is,, if you know that abc is going to be picked- you set much lower targts knowing that once the pump starts- they all have fake bids up and are all sitting on the sell button.
today I posted SIGA at 1.93-1.94??,,i believe its a bottm and made an entry,, most wont buy in until it is 2+,,did I run a p&d?-no,, I tried to give a good entry near the lod.. I happen to prefer buying red rathr than green.
But with so many tradrs out there with their toes stepped on by p&d groups they lump all people into the p&d catagory- gives us all a bad name. look at magic and mfluties stocks- they stick with it as I do thru the scalpers etc,, most scalpers are just waiting around for their p&d stock to wake up- meantime they can make a few bucks hitting stocks for scalps that they know had a decent person post with a decent chart.
Benjamin Graham: "You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right"