Thursday, February 24, 2011 2:29:43 PM
you would not see them take such a long approach in securing an uplist registration. There would have been more activities going on with the pps in the last few month as well as alot more surface, lip service PR.
however to my knowledge, it was hardly any of that. There fore I Feel very strongly that ASR is trying something. Obviously as both a short term and long term investor I would like to hope that ASR is doing every thing possible and imaginable to grow/expand and turn the company around. but I will have my moments of doubt, and even with this doubt, I believe it will still excite all of us pps wise in 2011.
Just make sure you have an exit strategy. at the end of the day, history can very well repeat itself, pps could rise 10 folds and give back 90%,
my plan is to take advantage of this and keep just enough to see where she goes, I have to be honest, I am mostly in for the short haul.
YOu may ask if Im in the short haul why have I follow ASR for 2 years? that is because I underestimated the time it took them to secure their uplist registration. My hope as always been on the other side of this event, anything prior are all risk with little substance.
I've done well with other stocks and in other sectors, you can say its a very good learning atmposhpere as a trader in the pink land.
If you find it stressful to go thru the emotions daily, I suggest it would be beneficial to just turn off your monitor and come back here in a few months. You will find your experiences and feeling towards ASR may change entirely.
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