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Re: techlover post# 530

Thursday, 10/22/2009 7:47:05 PM

Thursday, October 22, 2009 7:47:05 PM

Post# of 15589
Interesting, who is NITE, and why them? The MMs are one of the reasons I don't use stop loss triggers on my stocks. All they need to do is send just enough market orders to trip the sell triggers and start a selling wave, then pick up cheap shares to sell at higher prices. I bought CABN at about .30, and road it all the way to .06 adding all the way. I just hate to see others buy in and get washed out with these tricks buy setting stop loss limits. This a very volatile stock, and should only be bought to hold for the big kill, not the quick traders game penny game games. Just my opinion, that this is not a typical penny stock to trade, but a true buy and holder, a real company with a Google, Amason, MSFT like game changing product that just needs 3-6 months to go into dollar land now.
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