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Re: jaimerodriques post# 37035

Tuesday, 04/13/2010 1:21:27 AM

Tuesday, April 13, 2010 1:21:27 AM

Post# of 157003
That stock was MUCH different. I saw the news and expected a run so I bought in early as the PPS was pretty low. I only plopped in $500 because I didn't have the time to do my DD on it like I would normally do. I just wanted in for a quick gain. I figured it would jump a few pennies, I'd be able to spin it and be up a hundred bucks for the day. Nothing big, just a quick spin. I always watch for strength, saw it break resistance over and over again and sold at around .40 when I didn't any fills for a long time.

I ONLY sold this stock because I knew they didn't have anything. The company had no revenue, nothing... so I sold out. GOIG is much different, they have a solid model, the company is about the LAUNCH on Thursday which is REAL news, and they have guaranteed revenue. The question is simply how much revenue. That other stock had no revenue, no signings, nothing to show, and I was pretty confident in it.

I am a flipper. I do nothing but flip all day. I flip for $5-$20 gains 20-50 times a day. I only care to make $250-$500/day so I can continue day trading. I DO NOT flip this stock. Notice, I am still in on it and BUYING MORE. I don't treat GOIG the same as I do other stocks that I buy and trade within minutes to 3 days of when I bought.
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