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Re: Pro Trader post# 30798

Sunday, 02/20/2011 7:30:50 PM

Sunday, February 20, 2011 7:30:50 PM

Post# of 48121
I agree Pro! I primarily trade OTC (including pinks) but I have to understand that it is technical play ONLY. I have learned to separate myself from the "DD" that causes so many to fall in love with the product, the idea, the "potential" etc of the company. Too often those products never reach market, the ideas are nothing more than ideas, and the potential will likely result in nothing more than printing more and more shares to "fund growth".
All I'm saying is...I don't care if the company is some guy sitting in his garage touting the "next big thing" or whatever. I play it for the chart movement and get the heck out before my money is flushed away. Why anybody would go long in a pinky is beyond my understanding, but when you read the iHub boards for those stocks, there sure is an awful lot of unrealistic love affairs going on.

I am not a promoter or professional stock trader. I'm a regular guy who enjoys stock trading to make (or lose) a few dollars. I am only responsible for my own trading foibles, not yours...do your own DD.

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