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Wednesday, June 22, 2011 12:18:48 PM
But, pinkys trade mostly on hype or momo and 99.999% of them never are anything for any "long investing". Now BNPD has had couple of good trades, haven't minded a bit. Will they have some more, maybe, just have to wait and see.
I'm not sure all the debate though is helping and I don't see all of the attempts for momo succeeding that well right now. Will BNPD be a "real" company and be the .001%? The odds are against that. But "real" companies don't for the most part go pink, but do involve all the "buycharts", "must be shorting" "trying to get the cheapies", the "dilution isn't that bad" "this is a real company" chit chat.
We'll see what happens. I don't think this one financial that there is so much hoopla about will make or break BNPD. But as always, I suggest caution to anyone going on strictly emotion or following the hype. Too many times when there is the most hype (or "chit chat"), the selling is at it's worse either by the company (directly or indirectly), or selling by the ones who are trying to promote it the worst, or just plain retail tired of it and going elsewhere with the money.
Good luck to all with this "oil play".
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