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Thursday, November 24, 2005 2:54:22 PM
I have day traded GZFX probably 50+ times over last few weeks and will continue to do so as long as it has good swings and volume stays high. The only time I held GZFX overnight was the day it ran 500% and I was out .0145 next am with a market order.
Have no interest to see this come down because when it'll start coming down I won't be able to make $ with it. Just look what happenned last time it ran. .002 to .015 and then down to .0046.... 70% drop. When it ran I was able to trade and make some nice $ but when it started dropping it did nothing but go down with SMALL bounces along the way... Completely useless to me since it was risky to trade with little room for profits. I'd rather trade a stock thats going up and play the dips that end up bouncing nicely as GZFX has for some time now.
So why would I bash GZFX? So I could freak people out and ruin a good trading stock for myself? lol Nice logic there pal. Still think GZFX will go higher before it tops for good but many of you need to realize that taking some profits along the way is not a bad thing. Have seen too many longs go from 500% up to 90% down in short few months with hyped up stocks like GZFX. Not bashing just a word of caution from what I have seen over last 10 years trading pennies. Good luck.
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