InvestorsHub Logo
Followers 752
Posts 59183
Boards Moderated 7
Alias Born 08/06/2009

Re: wildlife man post# 45615

Sunday, 11/07/2010 3:53:52 PM

Sunday, November 07, 2010 3:53:52 PM

Post# of 79952
If you understand how the pinks operate, you will come to realize that the vast majority of the plays move on momentum and investor sentiment.

Only a tiny fraction of them ever move on to become big board stocks or anything worth considering as a long term investment. I am familiar with this company and its fiscal breakdown as I did my homework many months ago when I first threw down some money.

Knowing what I know is why I didn't take a small loss (which is what I could have done without a problem), and instead decided to remain invested here. If I were a flipper, I would gotten my money out and put it down on the next MOMO play.

I am not that kind of trader.