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downtherathole

07/01/09 12:54 PM

#2243 RE: BpL #2239

i know what you mean...it's easy to get caught up in them. these stock specific boards are the worst though.
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wbgiants1141

07/01/09 12:59 PM

#2245 RE: BpL #2239

BpL: Obviously this has happened before so my advice to you is to not get emotionally involved in the hype... that's how people lose money... sometimes it keeps you from having bigger gains but it ALWAYS keeps you from losing money... think from technical standpoints when trading pennies... I personally sold off my xynh at .005 before the spike for about a 100% gain... the reason I sold was because the past history of this stock showed me that a spike was not sustainable which is obviously holding true if you look at the past 2 days... right now just wait til we are at .03 or so to buy back in... watch for the right moment when all the technicals and indicators line up which is usually right before a bullish movement... if you can be patient and wait for these moments you will make money.... another word of advice... don't get too involved in one stock... putting everything you have into one penny stock often doesn't end up well... if you can find a few that have good fundamentals and aren't too overbought then you will be in good shape... a few that I'm in right now are HYGN and SPNG... HYGN has decent revenues and if their magnetic device is successful then it will have a very good future... SPNG has the best fundamentals of any penny stock I have ever seen... I'm currently holding my current investment and waiting to buy in more... right now there is some manipulation going on but once that is over it will have a huge bright future... do some research yourself into these and a few others that might interest you and invest wisely... sorry that you had to listen to this novel :P but I really feel for people like you that got screwed over so good luck to you... invest wisely and the money will come.
-WB