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Re: Jeff1244 post# 8814

Sunday, 04/07/2013 1:51:54 AM

Sunday, April 07, 2013 1:51:54 AM

Post# of 69184
It depends on how much risk you are willing to tolerate and how much reward you want to go for. You can make or lose a lot of money fast on this stock. Take decent profits when you have them is my advice. I was up 100% on one of these promotions last year and didn't sell and ended up losing 40% of the initial money I put in after it crashed fast and I got the heck out. That was the 3rd stock I bought. This one could make it to a dollar or beyond and run for another two weeks or so, or it could crash any day. No one knows what it's going to do next, but anyone familiar is sure it will crash pretty fast at some point and that once it's done crashing it's almost certain to never get anywhere close to 50 cents again. I made about 30% profit on this one and could have made more than twice that if I were willing to hold longer, but that was enough for me - I had fun with it. It's up to you how much risk you want to take and when you want to call it a day and take profits.