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29YEARINVESTOR

07/31/15 10:23 AM

#37246 RE: gotinearly #37244

Yep! I flipped right out of there with a profit and will flip right back in when it looses 80 to 90% and will do it again.
wash, rinse, repeat, all otc stocks. its like catching a falling knife.
been there done that.
sometimes you get lucky sometimes you don't.
but I can show you my account full of the worthless ones I tried to hold on too.
I will never, ever again try to hold one if a r/s is announced and I will always try to flip at least my initial investment out of every stock I own before I decide to hold any.
Good Luck and Happy Trading!
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Lockman

07/31/15 11:45 AM

#37249 RE: gotinearly #37244

It's not the flippers that cause the problem....the company selling shares into the market is the problem....and these guys live off that.