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bkbirge

09/09/09 11:16 AM

#30676 RE: VIKING163 #30675

Most of the guys I know get in at the ask with pinks and OTC. When all I see is action at the bid, I highly suspect dumping. If all you do is wait for the bid you don't create momentum and a penny stock needs hits at the ask. I also sell at the ask, not the bid *ever*, even when taking a loss overall. You want an uptrend, you have to help create it. MM's play the spread, if the balance of action is on the bid they lower the tick. Not like I'm an expert or anything but that's what I've learned from people more knowledgeable than me.

Vincent Anthony

09/21/09 8:52 PM

#30712 RE: VIKING163 #30675

Thanks for the kind words Viking. This stock has good potential, but we need to see more communication from IR. A lot of times good news comes from nowhere in these pennies and it coincides with the runs. This one is a flip of the coin, but I would rather lose a few bucks as opposed to missing a huge run.