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Tuesday, June 16, 2009 5:26:00 PM
When it goes up just a little its a 50% profit. If it hits .0004 its a double, or a triple bagger. The experienced penny player takes a profit whenever the situation presents themselves.
Online they continually pump pump pump, all the while selling into any pps gains driving the pps back down. This I dont mind as the potential gains for little guys doesnt make it worth it to sell a few million.
BUT, when the news hits and there is actually potential to go up large, the ones with the position usually sell into the run all the while screaming "to da moon, to da moon"
I watch the ones who incessently pump, and usually correctly guess who doing the selling and killing the run.
Not saying its you or anybody on this board who might have those intentions, but this post is to explain why some hate pumps as much as bashers. Bashers usually use FACTS to base their arguments. Pumpers have nothing when trying to revive a dead horse.
Like I said before, if you pump, and back it up with a plausible reason, I gots no probs wit dat.
Spellin or none spellin miztaks. Just a dose or reality once in a while. New investors are very subceptible to pump. They get caught easy and lose money they should never invest.
Pumpers can do way more damage to investors than a cheatin CEO. Lessons learned the hard way.
To da moon is really meaning " yeah, suckers, buy my stock Im outta here. To da moon to da moon, only another 20 mil to sell.....
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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