Replies to post #6889 on SCIENCE SPIN-OFFS

[DDhawk]

Duke...
Don't know that I'd put that particular label on it (no fan here), but as far as the sell/buyback trades went, I picked-up a 30% bonus to shares wagered on the play. Not sure how much I should value the fingernails I chewed-off at...pretty scary, could have just as easily lost the whole thing if it didn't re-trace. I was gambling that, observations made during prior price-spikes would hold true this time as well...as before, this spike is primarily based on recent PR's...these PR's held great news, but no mention of actual contracts/sales/JV's or revs...if-&-when golden news of that sort comes thru, I wouldn't dare take the same gamble or bet against it...I suspect that when that happens, the upper resistance will no doubt hit the hi-end resistance wall & stall again , but then crumble under intense buying pressure, & then go ballistic...to $1. or more (depending on valuation of news). But that's just my-take...be your own judge & GL whatever you do.

[BigE1960]

Duke, I wouldn't use that particular label either. I think you are giving me way too much credit (and helping to propagate a perception that's not quite real). Over the years, a number of folks here have acknowledged selling and buying back at a lower price and I'm pretty sure more frequently than the couple of times I've tried. I've dabbled a couple times with about 5-7% of my holdings. The amounts are so small (I know, that's all relative.) I haven't taken the time to do the math on the results but would guess I've lost more than I've won. At the end of the day, like DD has mentioned, it's risky and I've decided more risky than it's worth.