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Beevo

02/07/09 11:15 AM

#60265 RE: DrHarleyboy #60229

Subject of fluff....

It all depends on your point of view. If you are a flipper, then the pps reaction is how you determine fluff or not. They could put things like this contract will bring in 15Million in sales, but they dont roll like that.

If you are long, then the Military Pr is great. they are opening another door that could expand sales greatly. We are long because of prs like this and all other avenues that they are taking. We are prepared to be patient to see this company succeed.

Not attacking your right to flip shares, it takes all kinds to make the market. Maybe you could phrase it as "most flippers regard the last PR as fluff" not most people. Most of the board here loved the news.

And most of us would agree that people are waiting on the NA announcement. But, i would hate to chase that ask after that

good luck
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User-65225

02/07/09 1:16 PM

#60280 RE: DrHarleyboy #60229

"Why buy now when in a few days I can buy @ .006? "

A BIG part of penny investing is seeing whats ahead and knowing the proper time to position, cause once they go, THEY CAN GO FAST.

Remember when you sold .007-.008 last time and it continued to .013 the next day? You were not very accurate at predicting the force of that move and IMO you might make a mistake before the next move if you do not execute a better "plan"

You might get .006, but keep in mind that you were claiming you wanted .005's the other day. Now you want .006's?!... It bounced off .005 FOUR TIMES while you claimed you wanted to buy there, but i bet you got weak in the knees and started thinking "Lets see if .005 breaks and i can get some .004's" and MISSED your absolute bottom price... You nailed a great prediction, but poorly executed it.... It was alllllmost worthy of a pat on the back.

If you do not have a PLAN when penny investing, you are flying blind. The forces of the market will twist you into a knot, cause emotions and thought shifts as a stock moves up and down... This is why i always "scale" into and out of stocks... Never buy/sell ALL your shares in one shot (unless your holding is too small), always place orders at different levels and let the selling/buying go through you... Its good practice to always ASSUME a stock will go lower after you buy. This way you are mentally prepared for it... However, buying a small amount to GET INTO a stock is not a bad idea when you have BLOCKBUSTER EVENTS on the horizon... Theres NOTHING WORSE than following a stock for many months and missing the move when everything suggested the move was coming.

I've had a plan for over a year and have mentioned it many times... My plan is not perfect, but the core fundamentals of it have worked our well... Some in my trading group laughed at me early last your for saying i was going to hold a penny for long term tax benefits... WNBD has been a ODDS beater.