Sunday, October 27, 2013 9:20:38 PM
Caution needs to used with a speculative stock like this. I understand your warning. Unfortunately, unless you are on the losing ends of one of these speculative stocks, you will never learn. I have been there.
Here's the problem....
Alot of people here are under restrictions from their broker. If they sell, they cannot get back in that day because of day trading regulations, and for others, they will not be able to get in for three days. Even if you sold high on Thursday, you will miss the possible run up Monday-Tuesday. Now you are buying on Wednesday at the top, and are stuck "hostage" when it turns around.
So it is hard for them to "play the game" of flipping and accumulating. I have no restrictions, so i can get out anytime I see danger. I am not always right, but I can always get back in quickly if i feel it necessary.
I am a very cautious investor, and I do not think you are raining on our parade. I would be curious to hear who you believe are our pumpers. I have a pretty good idea, and I'm sure it would shock alot to find out who they are.
GLTY
Chenzo
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