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Re: SmuSmu post# 2631

Wednesday, 04/01/2009 7:25:08 PM

Wednesday, April 01, 2009 7:25:08 PM

Post# of 11069
Maybe I was misunderstood. I actually don't think it is a pump job. I have actually watched this stock for well over a year.

The thing about it is that it could go balistic at any time, so in my opinion if you have the funds, I would take a firm position, anywhere between .0008-.003. Hold a nice chunk and then play with the other funds for the swing trades.

There is definitely some big people behind this, as you can see it swings heavy, and then good accumulation in certain areas.

The best things about the stock or the lower float, and that it is a Chinese company.

Would I like PR's (i.e. news)? Sure, but I have also seen and experienced it the other way, where companies PR ever day or every few days, and just dilute the heck out of it.

There is definitely money to be made, you just have to pick good entry points. IMO at these prices you will still do very well. If it goes up to .01 I will be thrilled. If it goes back to .0008, I will be loading up big-time, so anything inbetween is just something we call trading :)

Best to you and everyone