MR.SEC: You asked me about MSEP and what I thought about it. I thought enough about it when I knew the CEO had purchased his own shares that I took a 400k position hoping for a .025 profit and it suprised me to end up with a net .04 profit that quick. I kept 100k shares which ended up free shares to see what happens in the near future. It is not unusual for a otcbb stock to retreat after having a 3-4 day run like it did and especially falling on a Friday. I sold Thursday just in case more daytraders decided to unload some on Fri morning. During Fri trading it held up very well until just before close, so it may have some steem left in it come next week. I had positioned myself for a win win situation if it did run as to where I could have the option of free shares plus a nice profit. It turned out better than I had thought it would going in. The norn is to only hold one for 3 maybe 4 days and then get off the train, due to they normally drop back to around the pps that it started to make it's run from until the next go around. I am hoping that it holds above .05 and then with the next good news moves up from there. I don't like to hold one for anymore than 3-4 days on a run like that unless I end up with free shares, because if I do it seems they always dropped back and you have dead money sitting for weeks or even months until the news or positive numbers are good enough to take it above the last high and be able to make money again. As I have stated before about this market and the way it works is that I have no trust what so ever in the dealings from the companies, CEO's MM's, the SEC and even many post that are out in cyberspace pertaining to any stock being traded. There is a valid reason for this and that is the market as a whole is just white collar crime at it's best. There is the highest rate of manitulation from the lowest to the highest part of the cycle of trading a stock. I have made money only due to getting in and out of most stocks as to where the profits are locked in and then any loss is a moot point. Most day traders also know this and they take their profits and lock them in when the opportunity present itself. This doesn't mean that a company is bad and won't make another run forward with a higher profit margin in the near or distant future, but you continually are subject to that risk factor of holding dead money for the same profit or maybe even a loss in many cases. My preference is to lock in the profits and let someone else take the higher risk most of the time. It is a percentage game and most of the time I try and use those percentages to my advantage. Hell yes, sometimes I leave money sitting on the table, but more times than not I walk away with a locked in profit if possible. I never heard of someone losing money if they make profits and lock them in. I only wish that I would stay on that track and follow this method to the "T" instead of getting greedy and pushing the envelope sometimes as to where I lose my profit and have to either take a loss or sit on dead money for much longer than I would like before it turns around again. I have 2 major stocks that I am holding for a long term hold besides some blue chips that I have had for many years. One is FMDAY which was a mistake of holding on too long and having to add 20k shares to average down in hopes of another good run upward in the near future. So instead of making a clean $1,500 on 10k shares I had, I held it until there was a paper loss and now am holding more than I would like for a longer time than I would like. That was only created due to being bullheaded and not following my plan of taking profits when you have the opportunity. I even pulled my stop when it got close and that is a no no to do. I make my mistakes just like everyone else does, but I try not to make too many. The other one is HLSH and that one I believe in so much that I have over 150k of my own money invested and have been buying on all the dips to add to my position, even though I started buying at .12 and have added as high as $6.27. That is by my calulated choice and I could end up being wrong about it's future, but if I am right you will see the PPS above $14.00 to $25.00 in the next 2 years. It is a gamble, but one I am willing to take. I have already been holding it for almost 2 years now and could make some very strong money, but I think I would be leaving too much on the table if I sold it until the re-listing. Once in a great while I continually see something that I don't see too often in the future potential of a stock and if I believe I am right on the money with my thinking, then I stay with it until it does what I think it will do or proves me wrong. Only time will prove me right on wrong on that one and I follow it very closely, believe me. If I didn't think that MSEP had some future potential to do better than it has so far, then I would have sold all 400k shares last Thursday. I am letting it ride on the unknown, because the real fact is, I don't know what the future of that play has instore for it. You must also remember at the present time though I have nothing to risk and everything to gain if it takes another profitable run, due to I have put myself in a different position of taking some good profit and having 100k free shares now. My risk factor is gone from that play, so my thinking of how long to hold is different than most. I am also different than most people trading stocks, because I will jump in with both feet if I personally think I am right and my reward or loss factor is much greater than most are willing to stomach. I will tell you one thing for sure though and that is if I am right about HLSH and it does hit my projected mark, then my stress and risk factor of day trading will come to an end for sure. I will only dabble with stocks from then on. On the flip side of that equation and if I end up being wrong about HLSH, then I will set a new goal to achieve and continue until I make it become a reality. GOOD Luck my friend and stay with what you believe in, because sooner or later with constant persistence all goals are achievalble to some greater degree. Best regards, Walk
AI
