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Re: learning curve post# 16846

Saturday, 03/31/2012 11:56:02 AM

Saturday, March 31, 2012 11:56:02 AM

Post# of 80868
Predicting the timing and depth of dips is the almighty question in pennyland. If we knew it, none of us would need a job. There are a lot of variables to these factors. In addition, most traders in Pennyland are flippers which makes it much more volatile and unpredictable. I think there was definitely some pumping last couple weeks, and it's obvious when you see all those "compensated awareness" posts we've been seeing (although those slowed Fri). Those are guaranteed flippers to me, and an obvious red flag of dips to come. The emails such as the one you mentioned are always worrisome to me. From what I've seen, after the "big boys in the inner circle" have front loaded big time (remember last month where there was big volume out of nowhere, well before any news, and we were all wondering what was up?), they then send out these buy emails. When all the suckers start buying, they unload their shares into it and bank. Therefore, I would caution to always protect and cover your capital/cost basis in pennyland because you just never know what could happen (especially with these guys' track record, and the massive A/S still concerns me), even when things look really great. For example, I sold half of my .009 lot and am now riding the other half for free and keeping for years to come. Unfortunately, I sold at .0185, and obviously could have done much better had I held. With that said, you just never know, and with the management decisions over the past year, I figured it could have just as easy gone the other way, so I'm happy with it. I think selling half when you hit at least 100% is a good strategy to protect capital, plus gain free shares (free money). Then keep buying and selling in that cycle on the way up. (I'm hoping for some pull back from flippers in the upper 2s or at .03, but not sure if it will happen.) That's just my opinion though if you want a safety net. With that said, I am also a long term value investor in MSLP because they are clearly dominating their realm. Their success is objectively obvious everywhere, tangible, and they aren't going anywhere but to the top long term IMO. So, holding out with every share may actually work here if you choose, because a pennystock company with a solidly expanding product is a rare find, but of course, nothing is guaranteed...

MSLP