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Saturday, 03/12/2011 12:21:16 AM

Saturday, March 12, 2011 12:21:16 AM

Post# of 48224
In Pennyland you never know what will happen, Half the pr's you can't believe in any pennystock then you have the possibility of dilution, splits, manipulation, mm's, shorts, and everything else that might affect the stock. Me personally I could care less because I'm not a long term investor in anything, my opinion the buy and hold days are over, i take gains and move on, i don't get greedy and depending on what the chart looks like. I play news and pump and dumps and if i turn 20% to 100% on this stock that's fine with me because there is always another pump or set of news to play in pennystocks everyday you can believe that, so to be honest i don't care if they have the cure for cancer i'll get in and get out when the chart starts to break down, i trust no company. Instead of waiting for the Big Multibagger in a stock that alot of investors do i take gains and move on, Think about it find one stock a day that moves just 20% in pennyland and alot of them do on a daily basis and especially ones that are pumped do that 5 days a week and you are doubling your money every single week, now that's a realistic and logical for me and that's my trading strategy, it's not for everyone but it limits the risk and it doesn't tie up your money and time and just sit there hoping one day it will run. You can achieve far more gains if you calcualte out on a year basis then just waiting for that one hopeful multibagger that may never happen. So why not grab gains everyday, Example in the past 3 and half weeks i played NVSR twice just by playing the news and got a double both times now if i was holding long i would have half as less money, so just grab gains when you can, my opinion only....