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Re: Estrella post# 27950

Monday, 10/19/2009 12:37:23 PM

Monday, October 19, 2009 12:37:23 PM

Post# of 158876
***BOO!*** I'm back!!!.. I must say, I’ve owned a load when it was at NO BID/.0001 and since flipped and doubled-Plus!! On .0002/.0003 LOL!

I didn’t quite make up my complete total losses here but, hey!

It's a start!

But, sorry to say, I’ve not found good updated "DD" on this stock to take another risk in it.

But don’t follow my lead.
My game may not be the same as your game. I've since purged my portfolio of all but a few select pinks.

This stock was not on my keepers list, but it did make my flippers list.

But I'll keep an eye on it as I do watch stocks that goes from No BID/.0001 to .0002/.0003, as this one did.

However in my experience, buying at .0003 and later watch it return back to .0001 with no bid again, translates a potential $100.00 investment into $33.33.

But even that can be worth somewhat of a risk if this stock had some good "DD" to go on, but it doesn’t and hasn’t for quite some time now.

Maybe things will get better down the line as market continues its transitions from BEAR to BULL.

So for now, I'm just glad I was able clear all my chips from this table and walk away with better than doubled what I would have settled for to get out.

No doubts this stock can possibly experience a positive turn of events, but, I need something tangible to go on, which this stock has yet to provide.

Having said all that, I was about to buy a $20 scratch ticket when I thought, hey, just for the hell of it, why not take that $20 bucks and place a peon bid in ADCS Stock for 200,000 shares at ‘.0001’ which costs $20+ commissions. (A lottery ticket).

And ya know? That’s what I did. I mean, it from the pool of positive cash flow from these stocks.

So I guess when this stock tanks back to .0001 with no BID again, my buy order will be triggered and then I’ll set a sell order at .0002 again, $40 – commissions. LOL!

Hey!

That’s how you trade pinks like these!

But I’ll only go long on pinks when they give me a reason to.

Maintaining TRUTHS requires 'little to no effort' than Maintaining LIES.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y