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Re: penniesforhigher post# 7913

Thursday, 08/28/2008 10:49:45 PM

Thursday, August 28, 2008 10:49:45 PM

Post# of 41474
Hello Pennies. Jordan was right, don't bet the farm on Any penny, no matter how good it looks or any Divi they offer...
Heck, I was 0 for 5 when I first started. And I almost stopped a dozen times since, but keep at it.
Right now, as of tonight in my "penny account", I have 5 "Core" stocks (Long Positions) of a million shares each or more.
I have 6 "Short" position stocks of from 50K to 5 million shares.
Yesterday I had 7 shorts and last night I flipped out of 4 of those and bought 3 others. The 3 I bought last night all went up 100% or more today...
It was a Good day...
But it only reminds me of the Bad days (the days when I cannot seem to make ANY right choices!)
That is what happens to All of us some days, but I think it makes us tougher and smarter and in the end a better trader.
I have 5 million shares of this right now and may add more...
We will see what happens now, but I look at this as where can it go but Up?
There are a fair number of bashers here and maybe some have some reasons to be that way, but I always look at all of the available info and make a choice to buy or not.
That is all you can do. Find a few people out here to pay attention and use the "Olympics Method". Throw out the Very High and the Very Low marks and look at what is being said objectively...

Cheers and Keep the Faith,
ThegoodlifeGeo

"Believing in people before they have proved themselves is the key to motivating people to reach their potential."
-John C. Maxwell

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