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bollsy

01/07/07 8:10 PM

#10752 RE: maclorjoe #10751

Sorry I felt inclined to respond to your post myself.

If you're new to the game a few words of caution. Pinks can make you alot of money but you can lose it just as fast. Many of us here have made the mistake of holding too long only to see the profits turn into losses faster than they grew in the first place.

I'm speaking in general terms here but in my oppinion Longs with Pinks is very rare. Many so called longs more or less buy and sell at peaks but they consider themselves longs because they trade one stock many times over and over.

I say all this to say, whether or not .50 is possible or not. Make sure you take profits along the way.

Don't get slaughtered.