Replies to post #21955 on CMKM Diamonds Inc. (fka CMKX)

[Gold Monkey]

who knows, it could go bankrupt or it could go to $10/share, or anything in between.

Everyone needs to chill out and wait a few weeks, then we might know the O/S and if they have diamonds or not...then it would be a good time to ask your question.

[carbon_allotrope]

Who knows? I always keep my powder dry so I can buy more shares if there is a significant retracement. During a nice pop, I can sell a fraction of the shares to lower my cost basis, keeping the majority of my shares so I don't miss a major run-up. By doing this, my average cost-per-share is LESS than 0.000038, and I now have many more shares than I orginally purchased at 0.0001

I don't recommend that everyone adopt this approach, but it serves me well.

[The_Free_Nebula]

There are folks who measure typical retracements by using fibbonacci(sp) metheds...I don't remember the number. Some folks here may...Anyway now that weakness has shown up it may be a good time to be ready to add on the dips...