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Re: first mike post# 33987

Sunday, 12/04/2011 3:45:17 AM

Sunday, December 04, 2011 3:45:17 AM

Post# of 278166
"Even Mojo who claims to trade on very small pops and dips says that he trades only about once in each week on the average (please correct me if I am wrong mojo)"

incorrect...never said any such thing...i will trade when i see a clear sign that theres going to be a decent move which should bring decent volume....
and i dont care about the dips...i dont buy the dips with penny stocks...that would require holding for longer than i want or selling for small profit which i am not interested in..
i care about upward movement..i dont care if kblb falls to .09 or .08 or .07...i wont buy it for that reason.....but if i see that its ready to move i will buy it...and i dont care if that is at .10, .11 .15 or wherever...

its nice to brag about owning shares at .01 or having bought more at .07 when it pops to wherever....but its all about the money for me...i assure you if i had bought shares at .01 i would have sold them long ago for a nice profit...

i understand the investors who bought and never sold...i think its insane in a penny stock, but i understand it...but those who claim to buy and sell and then claim they still hold .01 shares???...lol

and as for message boards effecting the pps...for all intents and purposes, no..they dont..will some investors be swayed to buy and sell based on whats said on a message board?...in some cases yes....but those are going to be small time investors with small time trades which really wont affect the pps much at all...

it could very well be that one or more of the million or multi million share holders are selling some or all of their stock for whatever reason they have...but i seriously doubt it is due to anything that is said by anyone on this or any message board...


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