Tuesday, December 07, 2010 2:21:16 PM
Personally, I feel relying solely on anticipated fundamental events, especially in a pink sheet sub-penny non-SEC reporting stock, is playing with fire.
The market is absolutely littered with these type of companies, and they always have their core of true believers who think the prospects are so solid, that the cheaper the stock gets, the more of a bargain it is.
I may miss out on the huge winner in the rare instance that the company actually does come through on what it claims, but on the flip side I always make sure I either preserve profits or keep losses to a minimum by using the charts.
Again, to each his own. For now, we're in this together and I wish us both success.
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