InvestorsHub Logo

BigDaddyStack

03/09/10 9:22 AM

#44 RE: PennyStockInvestor #43

No problem Brian. As far as SHAR goes I just don't know much time there is left to get in. The big day there is tomorrow so I would think anyone who wants in will be in after today. SHAR was down on a 3k share paint job at the end of the day. Someone wanted to make it look like it went down when in fact we had mostly buys yesterday. It's still stuck in the .011 - .013 channel right now. When the selling stops the buying usually begins and vice versa.


I haven't been following VIPR but I'm seeing people call bottom on it so i'll definitely take a look.

We love ICBT here. We got our money where our mouth is on that one. We loaded the boats here at .0009 and we're ready to set sail. ICBT #24 on the breakout board this morning so we know there's eyes on it.


Now, as far as ASPR goes I have been following that one. I missed getting in there so I've been on the sideline watching. Looks like its in a solid downtrend. April might as well be next year to 90% of penny traders. Most people want to log on this morning, buy a stock, watch it go up 400%, sell it by lunch and call it a day. People get bored real easy and if you're patient you can capitalize on it. You've got to watch it and wait for it to stop falling. Wait for the board to go quiet and start loading up. When I want to buy a stock that is falling I try to break up my buys over a week or so to allow myself to average down and get a feel for where the true bottom is.

Our general principle here is to find the oversold ones. We're trying to load up before they run instead of with the rest of the herd during the frenzy.

BigDaddyStack

03/09/10 10:39 AM

#45 RE: PennyStockInvestor #43

VIPR looks ready to run - i'm in