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Re: NEXTMONTH post# 7821

Tuesday, 07/20/2010 5:32:41 AM

Tuesday, July 20, 2010 5:32:41 AM

Post# of 112299
If a person traded with proper discipline and used a stop loss target they should have been fine. There was little reason to be buying this thing near a penny. During the first day of dumping a 0.005 was way too early for a bounce. This 0.0004 is a perfect bounce point and its still on a relatively low share count.

If it goes straight to the shorts then I was wrong and can live with the loss. I certainly wont be back on the board saying bad things constantly. Its better to spend that time learning how to be a better trader and not make foolish mistakes. I dont have a lesson to be learned here though. I know what I'm getting into and it should work. A quick near double of a small investment.

Because everything is sort of like something else.