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Re: Craig Baker post# 16220

Monday, 03/15/2010 5:36:37 PM

Monday, March 15, 2010 5:36:37 PM

Post# of 111215
Excellent post, Craig. Today reminds me of the first week I bought into the C stock across the hall, when it went from its new high of .08x to around .05.

I spent the next week convincing my wife I hadn't lost my mind. I had researched the lockup before buying and was confident of both the strategy and the team that was executing it. Of course I bought it at .05 too.

For those who aren't aware, the C stock across the hall is now trading around .40 and the squeeze hasn't even started yet. That's 8 bags folks, and look at the quality of people you get to do it with.

If you're new to this, I think the important thing is to average your way in a little at a time. That way you can start to see a trend developing and gain confidence as you start to watch the weekly chart. Anything more granular than that is a waste of time in my humble opinion.

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