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vinnybotz

04/06/10 3:21 PM

#4981 RE: DtheDude #4980

daytraders/flippers. lot of impatient investors out there. when news hits they have to get in at a higher price. they dont care
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cwit

04/06/10 3:22 PM

#4982 RE: DtheDude #4980

My theory is that most people that play these pennies are satisfied with a quick buck. They jump into the stocks that are moving and then jump out to go find the next one. They don't have a clue what they are investing in. Just my opinion.
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Horns in ATX

04/06/10 3:31 PM

#4985 RE: DtheDude #4980

the point of selling right now is that if you have free shares to sell, you get .55 cents for them. promoters get free shares, and it's usually protocol for them to sell them as quick as possible. they really could care less what price they sell them at, as long as they still get paid for them. because next week they will have a new promotion and a new batch of free shares to sell at market.

however, bought yesterday at .0074, and dont plan on taking a loss. might avg down tho.