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Re: PeteyG post# 9783

Tuesday, 04/09/2013 10:21:36 AM

Tuesday, April 09, 2013 10:21:36 AM

Post# of 69139
Don't know who you replied to Petey but that is correct. Get in as early as you can, make 50-100% or more but get out prior to the dump or you won't get out. Most people don't realize that the orders are executed in order in pinky land, they don't have the systems like NYSE or NAS! So now lets say the price of GOFF was .50 and the dump comes. The dumpers just put in sell orders for 100 mil shares, until those are all gone your prder won't get filled, the entire time the share price is dropping because of the big dump. You could place your order say at .45 on the way down and it may not get executed until .20.

You have to be smart and don't get greedy, when the trading pattern starts to change up a bit and you've made money get out!!