Replies to post #7580 on Energy Finders Inc (EGYF)

[backtoreality]

The Otc is like hunting and fishing, it's better to be lucky than good.

A long time ago a trader told me you pick 10 pinkies that's trading in the trips, put a thousand $ on each one and pray that 1 will run.

GTCH had 3 guys all pumping BB's daily. I got in at $.20 and it turned into a sled just going down n down and meanwhile they're still actively pumping the stock. It's now in the dirt due to dilution. Those guys Suck!

[Citrati]

Back in the mid 80's I was on Clearstation. Been here since 2000 on and off but had to resign in and now under different handle since 2010. Spent time on Yahoo, the Bull, etc. EGYF is my only penny hold right now. Like "backtoreality" said, this arena yields more losers than winners, however there are ways to trade them that can increase the green pile if one is disciplined with a plan. I never just buy and hold.
First goal is to trade until any hold shares are free. Most often one can do this as the vast majority have some kind of move. That said, one big winner can be stratosphere stuff. 😎
Free shares can be held indefinitely.

LOL, course there is always a chorus that says "TA+FA doesn't work on penny stocks". Haha. In this realm one must trust themselves and know how to do in depth DD. Actually, that goes for "big board" stocks in this computerized trading world as well.

My bread and butter is daytrading from among 5-8 leveraged ETF's.

Green Trading Wishes to all the real traders/investors.