This is a once or twice in a lifetime play for a LOT of people but what concerns me is that some people are selling because they have been beat up so badly by MM's over the years, that I think that they do not really BELIEVE that this could be one of those particuliar stocks. I really think that people who buy and hold a couple of days will do well.
I have been trading for years but until these past (2) D stocks I have been in, I NEVER realized the potential of these D stocks till now. Trying to flip these things is pretty tough for your price and not just what the MM's will give you. So I am just buying on the dips each day (yesterday and today and tomorrow) to see where we end up.
And then I will probably just flip the money into another one of these that also has to "cover" no matter what the level of cover.
JMHO here.
Good luck to all, Steve ;-)
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