AppSwarm Inc (SWRM)

[gr8lake]

No problem Drewbe. Believe me, it took allot of buying high, and selling low to figure out just some of the things that go on in the market. I don't think anyone ever knows everything. It's a constant learning process.
Another thing you may want to watch for. There is an old saying "Buy on rumor, and sell on news". While many of us buy on news, since there is seldome a rumor in penny stocks, The MMs nearly always bring down the ask during buying, on news days, and sometimes for a few days after. Why, you may ask. First, because they can, and second, because the big money, and MMs don't have crystal balls either (they have huge balls of steel lol). They know the stock will eventually react to the news, but since they didn't get the chance to load up ahead of time, they will bring the price down so they can. Then when they let it run, they make money. They don't need a crystal ball. They control the market. We always wish we could turn the clock back, and buy before the big runs. Well, they can, and do, especially in the penny world. Watch for this. You could buy too high when news first comes out, only to see it fall way down. This can cause you to panic sell (helping them to get the price down to where they want it) at a lower price than you paid. Then to add insult to injury, the stock runs up higher than your original purchase price over the next few days, and now you don't own any. This one probably cost me more money than almost any other tactic they use.
Two stocks I own had huge, unexpected news today, and both ended the day lower. I know they will eventually run back up, so I bought a little more on the dip.
JMHO,hang in there,
SpongeBath