SavWatt USA Inc (SAVW)

[SwingKing]

JAZZ, I agree with CentPennie. I also trade large blocks, happens everyday. When we're talking about a .003 stock it's only $9,000 for a 3 mil buy-sell. That might be a lot of money for some and not so much for others. As far as the everyday flippers go these guys are a different breed. I know several that will flip a one tick move if they can make $10. To each there own just not my style. Again agree with Centpenny when it comes to flipping large blocks my benchmark is 25-30%. Put the profits in the bank and go at it again if the stock continues to permit that type of action. I'm long in several positions but bank when I can and add additional shares on the dips. This is pennyland and I've seen profits disappear in the time it takes to go make a sandwhich. I follow the general advice you hear all the time. Hold half of your position and flip other half. If you follow this advice sooner or later your original share count is paid for and your riding the train with free tickets. Rule# 1. Always protect your original investment. Rule# 2. Never turn down a profit makeing situation. Rule# 3. Never become a long unless it's by choice, dead money is almost as bad as no money and 99% of the time results in a loss. Nothing wrong with being long as long as that's your choice, I see many claiming to be longs only because they got caught holding the bag when the bottom dropped out and would sell in a heartbeat if they could get their money back. GLTA GO SAVW.