InvestorsHub Logo
icon url

pennies2007

01/07/08 5:36 PM

#21338 RE: Welcome2Pinkyland #21336

You said it G-Money...LOL!

Imagine getting at least a 5% return on every stock you invest in...it adds up FAST.

Buy in at what you think the bottom is, save some to average down if you have to and then sell when you go green.

Don't get attached at the hip to any stock. That goes for big board stocks too.

I've got an uncle who makes a minimum of a grand a day on big board stocks...and he never holds them more than a day or two. After he got burned on Enron, he says "he's not married to any of them"...and it's so true.


I believe it's BooDog who had a siggy that said..."get them before they get you...eat your greens"

Good advice in any exchange...
icon url

The Real Titan

01/07/08 6:01 PM

#21349 RE: Welcome2Pinkyland #21336

Or a sharp stick in the eye...lol

Without trying to Spam another stock, cuz I wouldn't recommend ANYONE buy it, but look at what happened to CRVV today. It closed at .019 on Friday and started getting pumped hard over the weekend. It gapped up at the open and ran to .038, which is a 100% gain, only to close at .011 -42.11%. IMO this is the norm in the OTC/OTCBB markets, meaning that stocks run and pull back, many times to a lower pps then they were before they ran. So you take profits when they present themselves.

If for some reason you find yourself mistakingly believing in one of these things, then you don't have to sell all of your stock, but you should at least take enough off the table to minimize most of your risk. Shoot, if it drops again, which it most likely will, you can use that same money to buy back even more shares, then Rinse and Repeat...lol