Replies to post #173024 on The Golden Lounge

[Stock]

Usually, the real reason it's moving is rarely posted.

that's not always known to people posting.

but I agree with what you said.

a lot of folks using a chart or some other contrivance to make up a reason a stock is moving -- there are so many variables impacting price, it's rare that an individual could know everything. there's a long, long list of variables.

but it is good to know something.

i have talked myself out of a lot of stocks in my lifetime that ran up a lot.

i have avoided more of them that were being aggressively discussed nonstop on message boards that shortly therefter started a death march to zero.

everyone has their own trading style that works for them, and if they don't, they ultimately lose all their money and get washed out. stick with what works.

buying every stock that trades .0001 -- i highly doubt this is a winning strategy. but there are groups that think they can beat the odds in the short run. they post all over ihub.

that's not my style. but i do enjoy laughing at them and their tactics. and trying to teach people that really don't know, don't have any trading style, and are sheep following others around.

"The truth is: you're the weak, and I am the tyranny of evil men. But, I'm tryin', Ringo, I'm trying real hard to be the Shepard."

The whole quote is here:
http://www.copperleaf.org/2005/07/17/

[chart_md]

** Is that the reason for your personal attacks?

Can the reason for ANY penny move, ever be proven?

Last night on my board I posted a review of the 6 most famous short squeeze plays in history (GLKCE, PAIV, PAIM, AWYB, BHUB, BCIT).
I bet you believe NONE of the short squeezes actually happened, it was all messageboard BS, and certainly some of it was.

Except, I got stuck on the wrong end of one, PAIM in 2006. My brokerage ignored a 90% buyback, I sold my shares, then my brokerage changed their mind a month later, honored and backdated the buyback, hit me with a short position, froze my account, botched the short cover and stuck me with a $350,000 bill, from which I have yet to recover, and is the reason, why I haven't been ABLE to play most of my 2007 calls...

Does this sound funny to you?? I bet you're having a great time with all this. "Lets dissect penny's calls and see how much HE could have made..."..hahahah...

So you dont look kindly on people posting about penny stocks. All penny stocks are POS and we never know why they run.....
yes, and the sky is blue, and the sun rises each morning.

Is that the extent of your wisdom?? Is that all you have to contribute to Ihub??

I may be right or wrong but I make my calls, and when I can, make my plays. Only cowards will ridicule that...

[cocktails and dreamz]

good point