Thursday, July 05, 2012 4:19:05 PM
whoever got in at 0.09 should have definitely dumped somewhere beforeor at 0.48. Amazing play really , because anyone who bought up 50,000 shares at 9 cents = a $4500. So for putting $4500 at risk, they could have cashed out those same 50,000 shares for a quick cool $19,500 profit, and all for 30 minutes worth of work this morning !!
So,timing is of the essence ultimately. Learning to work this system to your advantage, and understanding that, these damned penny stocks are NOT for long term investments. Learn to scalp trade,swing trade, flip them for profit,over and over,every day if possible. Try not to hang on too long, b/c that can cost you all the profit that you "THINK" you had, and in the end you`ll lose it all. Hope this helps someone out there. ....
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