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Re: earthrhino post# 120571

Thursday, 05/13/2010 2:52:22 PM

Thursday, May 13, 2010 2:52:22 PM

Post# of 143047
I've got the cash to play others, so locking up this $$ at the moment isn't an issue. As for why I don't just wait and play it down the line or when it shows a sign of life, one of the possible scenarios for shell stocks like this is some sort of positive AH news release, such as a R/M taking, which would cause the stock to gap hard and run. I want to be holding in that case, not chasing.

I know R/S are very real risks for stocks like this, but in my experience they don't come when the chart looks like this one. I won't even go into details about what I mean by that, mainly because I doubt anyone cares, but I have yet to hold through a R/S and I play a lot of these types. I appreciate the constructive debate and wish you the best of luck as well.