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Re: luckydude777 post# 12722

Wednesday, 04/09/2008 10:12:21 PM

Wednesday, April 09, 2008 10:12:21 PM

Post# of 192568
Luckydude, I've been playing the pinkies for years. The one thing that I learned is that they are for trading only. Most will go BK, change names,or move another company into the shell. Very few will become a NAZ company. Most of the PR'S on the pinkies are BS. Anyone remember these( HISC, TNOG, SLJB) I've gotten most of my knowledge the hard way. By losing money. That being said, after being a 30 bagger in only 2 weeks, it needs to pullback and consolidate. The float needs to turn over a few times. The guys that bought sub-penny are selling here with huge profits. Do you see why there is resistance? Once most of the sub-penny buyers have sold and the guys that bought in the 3 penny range can't stand the pain of watching it drop and they sell, then we will have a new set of buyers who have a price average somewhere in the mid to high "ones". Then this will be ready for liftoff again. As for .011 as an entry point, I'm hoping it goes that low. Nothing scientific.