Replies to post #28761 on CMKM Diamonds Inc (fka CMKX)

[BullNBear52]

Sub, Thank you for the reply. I understand the flipping part and timing of the market movement when attempting to flip.

I have no idea what your cost basis is and it's none of my business either. My only suggestion and I'm sure a number of experienced traders here will confirm, is that you at least secure your initial investment. That is not flipping. You're merely pocketing the original bet and now playing with the house's money so to speak.

That said, I wish you luck in this and your trading.

[Archangel]

I remember many stocks that had similar volatility before huge, huge runs.....take SSPC, ran from below .02 to .12, dropped with a thud to .05, then ran like a bandit outta hell to .70....this is the beauty of pennies, always pinch off your cost basis, plus some profit, but hold the bulk of those you expect huge gains on....the overriding theme in here today is negative, and I'll monitor this, because before long the tide will soon enough turn back in the longs favor...lol...fun:)