InvestorsHub Logo
icon url

emilson

03/09/07 4:30 PM

#6851 RE: investorstallone #6850

Do you think the hedge funds could be in trouble. Or they are trying to bring everythink down. The market does not look right today.
icon url

TheDane

03/09/07 4:32 PM

#6852 RE: investorstallone #6850

I know, i was kidding with him. It's easy to say one is going to flip X number of shares but it won't work if everyone else is doing it and everyone else knows it's going to be done.
icon url

zguy

03/09/07 5:55 PM

#6857 RE: investorstallone #6850

investorstallone, I am one of those of which you speak! :) I tried to "increase my shares without spending any money" back when it was .195 right after a decent quick run up from .15. I sold a very small chunk of my position (less than 5%). Because, heck, a 33% run in a short amount of time you'd think would be cause for a little bit of a pullback. Well... WRONG! LOL I ended up getting my shares back but had to pay between .20 to .24 for them and transfer a few grand more into my account to do it!

After that little experience I'm pretty content to just let Hemi do its thing and not risk losing any more shares/money. You never know when Hemi is going to surprise you. When it gets back up to the .70 cent area and stalls for a moment at resistance, one might think we are going to have a little pull back but what we don't know is when Hemi will surprise us with yet another great PR. My fear is that if I try to flip some that I'll lose because of either my crappy flipping ability or some surprise Hemi throws on us. And, think of it this way... losing 10k shares right now isn't a huge deal but convert that to when we are at $2, $3, or even $5. That $5k I lost now will convert to a $20k+ loss later and I just don't want to have to deal with that. :)

So, I tried it in the past but will likely not "test" myself again.