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Re: Steele1988 post# 26001

Tuesday, 04/01/2014 3:10:22 PM

Tuesday, April 01, 2014 3:10:22 PM

Post# of 140288
Since you are new to trading, I will let you in on a valuable insight, with this news just released by LVGI, it officially no longer needs news to hit $1 mark by the end of the year. Slow and steady wins the race. If it runs too hard people will panic sell. The way these tend to run is by gaping up a bit each day, consolidating down for a few days with minor profit taking and then those same investors buying back in on dips to average their cost basis down. That is how a stock gets to have 8000% gain over a 3 month period, and that is how LVGI will get another 8000%. Usually people aren't long on pennies, and you should never invest anything in the OTC you aren't prepared to lose, but you have to really think about it objectively, at most if you are lucky outside of trading options on the big board stocks (which arguably could be viewed as a more sensible way to earn 2-3 bagger profits), a stable penny with a routine upward trading pattern is actually more stable, valuable, and hard as hell to find and if you can catch one like this you might as well dollar cost average it up to a new lifestyle.