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Re: newtechinvestor post# 51

Thursday, 10/22/2009 12:51:46 AM

Thursday, October 22, 2009 12:51:46 AM

Post# of 1605
It is a bit difficult to get large orders filled without chasing the price. I wouldn't buy for a couple of days, until the price settles down. Then I set a low but reasonable bid to the ask and walk away for the day. I've bought in smaller chuncks 5-25k on various days.It has a history of poping and then falling back down, so I have extra shares I'll sell on a huge pop and keep what I really want as free shares until "Bap" gets approved and starts generating money. Of course with this company's debt, there is a risk, but if it hits .01 or under I've seen companies come back from the Q and get quite high. :) I had almost traded EPIX, but I'm trying to INVEST most of my funds to hold for a year or longer for the 15% before the 2011 storm and I'll be paying enough taxes this year off of my day trading that I'm going to dump my last paychecks of this year into a 403b to save from paying even more on my income tax. (LOL)I can't believe I'm complaining about making too much money! Hopefully one day I'll look back at this time and laff at how I'm my own worst enemy. Good luck and hopefully in 2012 we'll be toasting to a market that made so many millionares who were willing to take a chance. :)