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Re: BooDog post# 1772

Tuesday, 06/11/2013 12:51:55 PM

Tuesday, June 11, 2013 12:51:55 PM

Post# of 2495
After making boatloads of money and then losing it on trading from 2004-2010, I learned the patience trick. I now hold low risk stocks for the longterm and I am also typically buying and holding high risk stocks with some potential for large returns for long periods too. I got lucky and made 6 figures buying PPHM at very low prices and having know its checkered history, I literally sold it two days ahead of its demise in Sept. 2012. I got it back under a buck and will hold on the next hype (they will never cure cancer IMO btw despite the hillbillies on that site claiming the moon, sun and stars daily). This could be another hyped flash in the pan. I will probably wait for that flash despite the imminent risk of a reverse sp. That could go on extension or not. 50/50. The volume is interesting here. Could be just a general shift in hedge funds focus that ran this up into the mid 1s late summer and fall 2012. That would be a nice return. I would probably book that. IF it falls, I will go with the flow and get out even with the stop and get back in as it settles. There are still VRUS type equities out there to be had. Is this one? Probably not. They do have a shot at some significant move on hype or the real deal though. Nobody knows til it happens.