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charltuna

03/15/10 5:32 PM

#16221 RE: Craig Baker #16220

I do believe some people are getting anxious with CDIV...wanting it to move so we can then flip (add more) into EIGH

Staying strong
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tnzalu

03/15/10 5:36 PM

#16223 RE: Craig Baker #16220

Excellent post, Craig. Today reminds me of the first week I bought into the C stock across the hall, when it went from its new high of .08x to around .05.

I spent the next week convincing my wife I hadn't lost my mind. I had researched the lockup before buying and was confident of both the strategy and the team that was executing it. Of course I bought it at .05 too.

For those who aren't aware, the C stock across the hall is now trading around .40 and the squeeze hasn't even started yet. That's 8 bags folks, and look at the quality of people you get to do it with.

If you're new to this, I think the important thing is to average your way in a little at a time. That way you can start to see a trend developing and gain confidence as you start to watch the weekly chart. Anything more granular than that is a waste of time in my humble opinion.

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mytigger

03/15/10 5:42 PM

#16225 RE: Craig Baker #16220

good post craig.
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Bakerman_06

03/15/10 5:57 PM

#16227 RE: Craig Baker #16220

EVCC was a lock up play? It is trading at 4c right now. CDIV was a monster call.
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GreenHatDude

03/15/10 6:00 PM

#16229 RE: Craig Baker #16220

excellent reminder to the newer folks here...