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P3D3R

03/18/08 11:26 AM

#888 RE: willlbone #887

I hope you guys are right!
The lower the better.
I imagine this stock is being shorted like crazy.
In the long run, I think this company will make me some profit.
Good luck to all!

MinnieM

03/18/08 2:01 PM

#889 RE: willlbone #887

PLTG...don't know where the reversal of trend will actually be. Don't really care. I'll just load up at that time while averaging down. This is one of 8 I'm just sitting in.

We all have our different trading styles and mine is to only buy half of what I want in case it doesn't go the way I like. If it tanks I simply buy more at reversal time. Averaging down once stock turns up seems to work well and it doesn't bother me watching it go down knowing my plan. I prefer to see it go up, but, I don't worry about it when it doesn't. I'm in this one long. Some others are short term flips...not this one.

On my short term flips I get out as soon as it goes the wrong way. Don't ride those down. Just depends on plan when entering.

I don't think it will test .03 Lowest would be .05 But, I don't think it will go that low. Time will tell. glta