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mariosmack

08/24/17 3:55 AM

#53268 RE: SATELLITE #53251

A few things. First off, not true. Most people have a margin account, which means that they have to hold overnight, then they can sell next day. That's why I would say to go all in at the end of yesterday (gone) then sell on the open gap up. I do think INMG will gap up.

Secondly, yeah let's talk about the cash account situation. If you can't buy back in and it goes up, great. Find a different stock. On the other hand, imagine buying at the top, then not being able to sell for 3 days, while watching your funds disappear. That is the true feeling of powerlessness.

INMG has gone up too much. It is long overdue for a major pullback. If you hold still and don't buy, and it goes up, not a big deal. You could find other plays. If you buy, can't sell for 3 days, and it tanks, that's unanswerable.

This could tank tomorrow, or it could go to .04, then tank. Or it could go up 2 more days to .07, then tank. That INMG's massive correction is inevitable is not in doubt, but it will come without notice.