Matt:
I wouldnt go over board and say expert, I got LUCKY, only this time on ZERO, I am not going to hold any shares like I did on WAMX, I am going to unload the whole boat. What scares me is what happens if it dosnt bounce? Our real obstical is what limit price to use. On WAMX I really didnt care if I got some or not, so I put in for 1/8, I figured if ECNC went from over 9 to 25 cents, hell WAMX could go from 3 to 1/8, it actually traded to 1/16 but only a few shares, and what also suprised was, that when I got filled at open I got filled at the low for the day. ZERO is a 4 7/8 stock, with some pretty ridiculas claims, some polution free exalst, a tree that grows a inch a day....but at the same time CNN FN was going to do a story on it. On RB they are all talking about law suites, but as of today none filled, and none filled for WAMX either? Why is that, ECNC had suites pilling up before they were relisted. I read through the SI board on ZERO and it dosnt look good, I am thinking again on trying the bounce, what I think made ECNC and WAMX bounce is the investors, alot of people belived(still do) in what those companies had to offer, and bought when they saw the cheep prices, I know that I put a limit in on ECNC when I saw the low was at .25, but missed the boat on that one. I also looked into the trading ranges, they hit the lows at open, and traded much higher a few minuits later, ECNC traded up to over a dollar, WAMX traded to .75. Anyways I would like to hear some insite if you guys got it, and by the way Bernard I still hold my SCMIA, and what was up with the volume on IFTP today?
Happy Trading,
Chris B
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