InvestorsHub Logo
Followers 743
Posts 61830
Boards Moderated 10
Alias Born 10/05/2009

Re: Burro22 post# 487

Wednesday, 07/20/2011 6:55:49 PM

Wednesday, July 20, 2011 6:55:49 PM

Post# of 2020
Things are moving pretty fast here now, so I would not wait for 30 cent shares as you may never get them, and you may miss the boat. This could spike to .50 any time now, and then trade for a little bit between .40 and .50 (assuming no news). News could push it $1 very fast!!! If you have no shares yet, I would decide how much you are will to risk (# of $$s), then take about 10% of that and place a buy order for both (10% each), at the 2-3 day low, (right now about .08 for AEXP, and about .34-.35 I think for MNLU), and hope there is down day sell off before it takes off.

With a little luck you might get some shares of at least one on the volatility the first day. But if it gaps up at the open above .10 and .40 tomorrow, or we get good news, then .10 and .40 may be the lowest it goes on the next run!

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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.