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Re: 7kidsmom post# 3073

Wednesday, 05/02/2012 4:34:43 PM

Wednesday, May 02, 2012 4:34:43 PM

Post# of 22684
I always have shares (minimal)say 1000, that if NO bear raid happens, at least I am in.....SO, I keep extra cash ready for the bear raid, which I have been in a few, what happens is the raid begins and it takes out everyones stop losses....It could drop over 1.00, it could also go to a dollar.....with that being said I put in some buys around each .50 cent drop in price (like right now), doubling the amount of shares each time, like for example...... say 500 at 2.00, then 1000 at 1.50, then 2000 at 1.00 etc...... IF you don't think it will go that low then use a lower number like every .30 cents or so......

The example above will average your price down very nicely.....

if no bear raid happens and we get a good price appreciation, I say watch for the raid after for then we have 32 trading days after the 10th. YOU WILL see this stock become very volatile. UP then DOWN, UP then DOWN......and so forth, until we get closer to the 27th of June...Which I think if the shorts are hot and heavy before then and the FDA is planning on approving I would not put it past them to approve Lorcaserine before that date, YOU know what that will do.....UP UP UP UP UP UP big time, HUGE I must say.......glty

Sorry I got carried away it is kind of lengthy