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Thursday, 11/22/2012 11:48:39 AM

Thursday, November 22, 2012 11:48:39 AM

Post# of 22128
smart thing shady...i have been there...and because of my past greed i did not have the capitol or the guts to throw more in on monday and hang in there all week myself...but I am glad i got in on some of the action...and that I recognized the possibilities.....these perfect situations are rare...but they happen a few times a year....now i need the patience to wait , and preserve my capitol for the next opportunity....my mistake this week , i was gunshy and got out at .0065 on monday...and started looking at other stocks...i should have realized that this was a stock that was in the process of giving tremendous trading opportunities all week ...looking back I should have sold a couple losers and bought back in monday at .005 when there was ample opportunity to do so...and then hung in there ...but i threw my money into a differant stock that had no where near the volume or momentum....and lost the opportunity that was staring me in the face....soooo...more lessons learned....but that is the beauty of the penny market...there will be other opps...and if you are super patient...a similar situation should present itself...

when you have been burned in the past...and playing from a losing position it takes tough decisions to be able to fully capitalize on a situation like elay presented...but someday hopefully i will see another chance like this and play it perfectly.....geez...I did see this on the breakout board last thurday when it went below .001 on very high volume...i had never seen the stock before and i was not watching it the next morning until it was over 300%....you obviously saw the same thing and reacted quickly to what you were seeing..that was great experience on your part ... really great ...and then you hung in there...wowo...I am going to get there myself someday...I once rode ntwk from .70 cents to 2.39 only to end up selling at .85......my first penny was neom back in march...so i have been learning the hard way all year about this area of the market...i have made some big mistakes and I am rebuilding...but hopeful...good job shady and i hope I get to the point you are at in your recognition and reaction skills...

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