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Re: cjstocksup post# 13103

Friday, 11/02/2012 10:44:24 AM

Friday, November 02, 2012 10:44:24 AM

Post# of 27492
I got in and out with a double


I posted my buy and sell, got in under .20 and sold at .40 and will not be trying to catch a falling knife.

I will continue to watch this to learn for the next one but am done taking a position here.

Trading P&Ds is about playing other traders, NOT the stock.

Play the pump, dump on the way up (so you can get out) and wait for the next one.

Anyone with a brain realizes a company with no revenue (let alone no profit) is not valued at $132,000,000.

It's VERY hard to get out when the dump is on, sell now while this is stable IMO.

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