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Spuds McKenz66

04/19/14 9:19 AM

#45503 RE: sandman44 #45502

have an order for 90,000 at 2 cents been there for weeks and then next sell order is 50,000 at 9.9 cents SITS and the rest can rot lol
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fly_fisherman

04/19/14 11:57 AM

#45505 RE: sandman44 #45502

Hey buddy....


NEW TO THIS OCT 2013 HAD 6,320,000 SHARES OF MYEC AVG .003 SOLD AT .006 WAS FEELING GREAT ABOUT MY PROFIT WAS GOING TO DABLE IN A FEW OTHER PLAYS AS I WAITED FOR MYEC TO DROP DOWN AND REPEAT.THAT DIDN'T HAPPEN WHAT DID HAPPEN WAS MYEC SKY ROCKETED TO .08




I have been there and done that especially in my early days of trading and investing. I still take profits on pure technical plays (that do not have good fundamentals). I will not post or recommend those plays. Those I truly do on my own on the side and keep quiet about.

Yes I see where MYE# has done quite well. I also notice MYE# has over 3 billion shares O/S unlike SITS 168 million O/S (Huge POSITIVE for SITS). The fundamental that made it appealing was the exposure to the MJ industry. Believe me the MJ industry has many ups and downs ahead of it. I personally like the Security Industry. We can touch so many vertical markets and not be overly exposed to any one!! Yes we could even one day have exposure to the MJ industry.

Back to your past experience. You had exited before it really started to get good, truly when the fun really begins. For me "SITS" true fun begins when we hit the nickel and dime ranges. Then the jumps will be more fast and furious. The Share Structure will easily support massive upticks to reach pure reasonable and deserved valuation.

We sport a 146 million share float. That will be improving soon!!
We sport contracts with the government and a Fortue 500 Corporation, that represents QUALITY, unlike many of the pinkies out there who get contracts with no name companies never heard of.
We sport a Business Partnership with IBM. Enough Said!
We sport an industry/target market (Security) where need is growing by leaps and bounds on an annual basis!

If there ever was a stock not to exit to early, it would be SITS!!!

To me SITS represents everything I look for in a low risk/high reward potential holding.

FUNDAMENTALS, FUNDAMENTALS, FUNDAMENTALS
TRANSPARENCY, TRANSPARENCY, TRANSPARENCY
SHARE STRUCTURE, SHARE STRUCTURE, SHARE STRUCTRE
BUY BACK, BUY BACK, BUY BACK
VALUE, VALUE, VALUE
GROWTH, GROWTH, GROWTH

Did I say GROWTH, VALUE, BUY BACK, SHARE STRUCTURE, TRANSPARENCY, AND FUNDAMENTALS??? LOL

I understand the mentality of locking in profits and selling out of positions. I do that with the stinky pennies that represent 95% of the penny market so that I may grab hold of those once in a lifetime holdings like SITS (5% of pennies if that much) and LOCK UP AND HOLD!

This works for me. Every investor has his own style. This style allows me to generate income but also helps me avoid being on the sidelines while a true value/growth holding (like SITS) continues to edge higher and higher and you are left thinking what might have been!!!

There are 95% of the stocks out there to flip, trade, sell out of. Find the 5% and recognize it for what it is. It can be quite fun and more REWARDING! To take it a step further LIFE CHANGING!


NOTE: Did you realize that between you and I we hold in the range of 10% of the float. That number will grow when the buy back begins and those shares are taken out of circulation. Hmmmmm


IT IS VERY IMPORTANT TO KNOW WHAT YOU OWN!!!

A BLESSED EASTER TO ALL!!!