InvestorsHub Logo
Followers 20
Posts 1390
Boards Moderated 0
Alias Born 06/16/2004

Re: Olanda post# 7192

Tuesday, 04/19/2011 2:58:53 PM

Tuesday, April 19, 2011 2:58:53 PM

Post# of 9963
Come on now! He doesn't "have" to so I'm sure he won't. Look, even PV is telling us to flip this on spikes in share price if you expect to make money in his company's stock.

That's how you make money in these. Yeah, up spikes aren't too common but they will happen from time to time so you have to be quick to seize the moment. Don't "hold" this and ever expect to make money long term, it doesn't work that way with the majority of penny stocks, not just CCTR.

You have to actively trade this in my opinion. Not bashing CCTR, as I currently own over 8.5 million shares. But I'm not married to them either. I'm waiting for a nice pop to unload some of them, then hope to keep peat and repeating the process. Did it once here with CCTR and made a nice realized gain ... working on round two now.

I still believe that fair value of this stock is over a penny, but that doesn't mean this stock ever needs to trade at that price. It will trade where it trades regardless of what we want or expect. Play the game accordingly.

Just my humble opinion.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.