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Re: Chili Palmer post# 3270

Thursday, 03/20/2008 7:59:57 AM

Thursday, March 20, 2008 7:59:57 AM

Post# of 13617
I think its acting almost identically to PAIV before it made its big move, though at a much higher level.

At this point you can play it a couple different ways, but I'm only choosing to play it one.

You could buy on the dips, then flip a portion at the peaks and hope to buy back even more again on the next dip. However, with what we know is coming, this becomes a very risky approach, as we could see it break through HDSN at any moment, because they've either covered, started capitulating, or just plain given up cuz the writing is on the wall...lol

You could simply sell on a spike and move on, assuming HDSN will NEVER let this go. But then I'd be sure NOT to look back, or else you face getting violently ill when you miss the run to $1.00....lol

Or you can be happy with your entry at anywhere below .10 and go play golf, which I should be doing instead of getting pissed off every day, but feeling safe in knowing whats coming and how this will work out in the end.


Normally I'd be choosing the first option, as its the safest way to protect your capital and remove all risk from the play. Buy flipping it over and over, which this stock has provided pleanty opportunity to do, you can remove your capital from the table and let your free shares ride till the cows come home. However, this becomes risky in the event things break open, but thats a calculated risk many seem willing to take. I'm just afraid I'd not be able to accumulate the amount of shares I am currently holding, nor would I have a cost basis of .035 any longer, which is actually meaningless at this point, but makes me feel better when viewing my portfolio....lol


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