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Re: BORN AGAIN post# 2296

Friday, 06/03/2011 9:26:52 AM

Friday, June 03, 2011 9:26:52 AM

Post# of 60363
Very true again.

However, most of my plays here in PennyLand are 2-5 day plays, sometimes 1-2 weeks. On those rare occasions where I am in longer I usually jump out and get back in lower. Just saying an observation.

If it is an unpaid 3rd party, I just ignore it and go on. But it seems that most of the time when the company pays for the 'awareness program' they pay them off with shares and the newsletter, responsible agent that they are, just dumps them and gets out. And most penny stocks can't handle that immediate (although small relatively) dillution and they shake and shudder a little bit. I was ready to jump into COBI from my own scans and when I saw all the extra involvement, I just waited and played my own percentages. That's all. And even if I chase a small gapper today, I am still in at a better position today than I would have been on Monday.

All The Best

Aaahhh, yes...the old penny ploy

Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y