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rapid_runner

03/10/10 6:18 PM

#17867 RE: jmstocks #17866

Something just doesn't add up jmstocks. With 8's being our solid base, how do you suppose selling and buying back on the dips? Check out what happened to XMDC this morning and where it opened at. Don't you think MM's KNOW when News hits? They respond quick IMO.
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trade champ

03/10/10 6:57 PM

#17871 RE: jmstocks #17866

I understand what you are saying. All I'm saying is that you made that 80% gain based on investors belief that the fins will be good, right? Not that they would come out, but that they would be good. And there has been nothing to indicate that they wont be. Fundamentally nothing has changed for PIHN from 5-9, the only thing that has changed is interest. We may have dipped down a bit here, but come on we had a huge 1 day run based on nothing but people wanting to get in before the fins. And since Monday we have been dropping, and yes anyone who has held has given back some gains (although I'm in at 5 and very comfortable with the trading the last 2 days) but there hasnt been nearly as many shares sold in the last 2 days as there was bought on Monday. Dont get sucked in. If you want to flip, then flip, more power to you. But if you believe fins will be good then dont give up before you even get them.

Its like going to a 5 star steak house and filling up on the salad bar, there is so much more to be had...