Replies to post #9594 on ! Bouncers, Bottom Pinchers, and Knife-Catchers An

[SynthTrader]

To be honest with you, I don't look at all the "possible reasons" a stock could go up. Pretty much any company in pennyland can make a "10 reasons to buy my stock" list. I go by the charts and the recent trade action...or extremely compelling news, like a merger or big-money contract.

I also don't hold long in pennyland because any company at any time can begin diluting to fund their promotion, or their development, or just to meet payroll. It's too dangerous. That's why I like to play them when the dilution is over and the damage is done.

Play swings, play bounces, buy low, sell high, and always keep your profit if you can :-)

[jmurfk]

The Float was 7 mil at the end of April when the OS was 19mil. As of Aug 1, the OS is 82mil. They added 63 mil in 8 months to the OS, so where does the 18mil float come from.

Also, this month had two convertible debentures.