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Re: Warmy post# 60359

Tuesday, 03/27/2012 9:14:49 AM

Tuesday, March 27, 2012 9:14:49 AM

Post# of 163073
You only sit on the bid to form a support, if you're bid sitting to gain exposure to the stock - one would have to gauge the general sentiment of the market. If you can absorb the free falling shares during a down trend, good. As some have said, buying at the ask is not that much more - but again, I'd grab the ask when I want in. Once I'm in, I bid sit. And once momo begins to take off, I push on the ask.

IMO, those are the ways to protect your investment.

Bid whackers work to attack the bid support, causing a loss of demand/support so that the price can trend downwards.

IMO, this is not what is going on with GDSM. What's going on is all of the people who bought in below .002 and the run up are taking their profits comfortably at 120%+ returns.

Sounds like a great plan to me.

And consider the money they've made, will give them more exposure for the next run up when the assay results arrive...

My post is my opinion only. Manage your own risk.

Ut sementem feceris, ita metes



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