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Re: TheHungryHippo post# 15127

Saturday, 10/12/2013 10:46:47 PM

Saturday, October 12, 2013 10:46:47 PM

Post# of 58327
I have also been in and out and thank God haven't been holding. I've traded this more times than I can remember (played this for a couple years) but just since the PR from Oct 3, I have traded this several times. My larger flips have been these, I owned a few mil at .0004/.0005 (before the huge run from the PR on Oct 3) and sold at .001, bought back in at .0016 and sold at .002, bought in again at .0015 (bad timing on my behalf) that's when it took the first dip to the 1's (averaged down at .001 for the bounce) and sold at .0014 when it came back up, then it dipped again to the 1's again, bought at .001/.0011 and sold a majority of my shares at .0012/.0013.

I still have shares but not nearly as much as I normally trade here. I've been playing this going up and down but like I stated before I am waiting to load in the trips. They seem imminent the last few days and I still believe they will be coming so I have some funds ready. I will honestly say this has been one of the most profitable pinks for me. If you time it right you can make hundreds in a day or two regardless how its moving that specific day. You just need to know when to let it go so you can buy back in cheaper instead of hoping it goes back up.

Just like in my profile; emotional attachment is the biggest problem in personal investors.

Too many people get hung up on it will go back up and oh it's been going down for "x" amount of days its bound to go back up. No no no, know when to sell (taking a loss or not) and buy back in. If I didn't go in and out of the stock like I did I wouldn't have made nearly as much as I did.

In all honesty, I believe a good amount of people on this board are red because they are still holding waiting for it to go back up to .002. Should've been playing the dips instead of wishing upon a star...could've made that money already and not crossing fingers that it won't go lower which it has been for days in a row. Lows getting lower which is never a good sign regardless if it ends up being a "green day" because the technicals and charts don't agree with it.

Anyway, this post isn't focused to you just replying to your post from mine. :) I'd be interested to hear your feedback because it seems like we think alike.