Replies to post #257 on C/NET (CNET)

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But some folks did that waaaaaay to early

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Well I road it from my Breakout Call all the way up $11.00-made several 10's 0f thousands holding till it hit $11.00

I all about taking profit, but one should not be to quick in taking profit with every play. If one does not want to do this forever sitting in front of a PC everyday watching L2 till ones eyes turns devilish red, waist destruction and turn 90 years, then one needs be able to differentiate between which play to take quick profit and the ones to hold longer that will retire you early.... Imagine loading this baby 95 cents, $1.00, $1.20 ETC and riding it to $11.00

Can't use the same approach with every play. I could have sold at $4 range with 300%+ gains but I for saw this breaking $10.00 so I held on...

WELL CONGRATS TO ALL WHO LOADED MY BREAKOUT CALL AT BOTTOM..

I SPECIALIZE IN 1000% TO 5000% OR HIGHER BREAKOUT CALLS :-)

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On the same topic of trading every play the same strategy. Take for example MM's VNDM or BMAK... The belief of many traders is the VNDM or BMAK is always negative and so when they see it on the ASK they give up their shares too soon. Lol

This because they don't know when the worry about VNDM or BMAK..

Here is how it works..

Their is INACTIVE and ACTIVE VNDM or BMAK

INACTIVE *VNDM* OR *BMAK* IS ONE THAT JUST SITS ON THE ASK AND ANYTIME IT GETS SMACKED OR TAPPED SOME IT RUNS AND MOVES UP HIGHER ON THE ASK. SOME SHORTS OR MM'S MARKET MANIPULATORS US *VNDM* OR *BMAK* TO SCARE FOLKS INTO GIVING UP THEIR SHARES BY JUST IDLING ON ASK... WHEN THIS IS THE CASE... DON'T PANIC HOLD SHARES TIGHT...

ACTIVE *VNDM* OR *BMAK*- CHANGE PRICE LEVELS MANY MANY TIMES DURING A TRADING SESSION AND THESE MM'S ARE CHASING THE BID AND .

MY POINT IS THIS CONVENTIONAL WISDOM ISN'S ALWAYS THE RIGHT MEDICATION/APPROACH TO EVERY SITUATION..

ANYHOW... TO EACH HIS OWM... LATER BUD....

Love these money making plays....