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Tuesday, March 30, 2010 8:50:24 PM
I think it's very important to buy shares that you promise you won't touch no matter what until the squeeze happens. The one thing that experience teaches: learn from people that know a heck of a lot more than you do (i.e. Monk, Ex and others).
As time goes on, and you learn the Float Lock Down strategy and how to know when the squeeze is occurring, it will become apparent when it is time to sell. Once you understand this process, the temptation to sell into a rally, or flip, rinse repeat will not make sense. I bought shares of the C stock at .059, and it's in my message history, and sold my shares like a sot. Anyhow, I shall hold as long as it takes until the squeeze. All of Monk's strategies are COUNTER INTUITIVE to the typical pink sheet player.
I hope that it is alright with the rest of the board that I expressed my thoughts on this and if I am incorrect, please inform me so that I am always on the same page with the Monk Team!
Thanks.
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