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Re: SCREAMING EAGLE post# 2898

Wednesday, 03/23/2011 7:58:33 PM

Wednesday, March 23, 2011 7:58:33 PM

Post# of 67175
Is it possible that the longer it takes to get,(A)one texas state licensed saltwater well pump company,(B)one texas state licensed oil p&up & delivery tanker company,(C)one texas state licensed well maintenance company,(D)and one debtor to finalize a contract of their pooled resources with each of their respective lawyers communicating with each other till everybody is happy to sign the dotted line,...that the fear factor rules, where the weakest holders always shake out cheap shares for those who can afford to wait and buy more if they choose to. The volume of shares (may?) indicate small individual investors going into impatient panic mode. Granted when you do see that start to happen its not a bad time to sell and buyback later if your not already bottom fishing. I took a position at more than .03 from here, but saw weakness and liquidated, & broke even to buy back down here. Its a better holding pshycology to double your leverage. But you could be right and I may have missed it. Normally I like buy after momentum has absolutely changed, but penny stocks are like a guided missile and they can move so fast on the uptick that you cant even grab on to the fins as they take off. I do admit I have never liked being on the side of a stuckholder in this game. Sincerely yours, KB.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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