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Thursday, March 24, 2011 3:18:03 PM
Granted it is my own fault because I decided to invest in a risky pink
There's your problem right there. Pinks are not for investing, they should be traded on a short term schedule; couple of days to a few weeks. You can consistently get 20%-30% gains on these things once you learn how to trade them. But most people aren't happy with that. Nope...they have dreams of 500% to 20,000%, "to the moon", "I'm gonna make millions" type of returns. Well, that is an extreme rarity in the land of dilution.
I took a loss on this stock too, but I was stopped out a long, long time ago. No way would I ride a stinky pinky down 90% along with basing my DD on the pumping or bashing of a bulletin board.
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