Tuesday, July 05, 2011 11:41:45 AM
An old stock friend (hmp660) told me to TRADE WHAT YOU SEE...thx Dave
when I came onto this stock, all I SAW was a history of dilution, newly issued shares, a share structure that would force a raise in the AS, an unknown commitment level of endorsement by JB, some vague PR's by the company that they are targeting some big boys to market the product,
how do you trade confidently with that on your plate? too many unknowns...I trade on confirmations that I SEE
I now SEE that the company is following through (QVC, Apple, etc)
and a confirmation that JB endorsement is more than just a couple of tweets....PSA with RAB and JB.... for Phoneguard
It took awhile to convince me and it was DD done by members here...and seen on QVC and Phoneguard sites now offering Apple (tentative August)
I bought .0401 just last week
risk reward is now in a good comfort level for me
this style of trading may not allow me to make maximum profits but I don't take the huge losses that others do
I'm from Ohio but I trade like I'm from Missouri...the Show Me State
QVC and PSA SHOWED ME
I am only a stranger on a message board so don't base your investment decisions on what I say...I have been wrong before...
TRADE WHAT YOU SEE
Jimstr
Theoretical physics can prove an elephant can hang from a cliff with its tail tied to a daisy, but use your eyes -- your common sense ----
please DD before you buy or sell
Jimstr
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