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Monday, July 25, 2011 7:44:03 PM
MM's and DT can't stop a stock when it is ready to pop. There has got to be new money come in, then the volume will be there, then the longer hands come in, then the pps goes up.
Go ahead and make sure you are averaged down to bottom (.001), you will be ready to get out before all the new money coming in has a chance to flip.
Only one pink that I hold long, the rest I am ready to dump and move on when the profit comes. Not a day trader, but now, I do look for the pinks that are at bottom and now where to go but up. I have been burnt bad by thinking pink's can be held onto until they "grow". These companies are in the pinks for a reason.
Just My Opinion
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