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chasingwealth

05/13/11 2:17 PM

#13154 RE: IronWorker512 #13152

plus the questions and answers help the rest of also, I read every post and get lots of things explained, so helps me understand more also.thanks...

AcousticHockey

05/13/11 3:20 PM

#13165 RE: IronWorker512 #13152

Hey IW,

I apologize. I took some time off and I made a judgement without knowing you personally. I just know from my experiences (I played the penny stock market for almost 2 years) and I know how volatile it can be and what can happen. I like the gamble and risk which is why I do options (turning big boards into pennies as I like to call it haha) because they actually follow the charts.

I'm glad that you're a sound investor and have a stronghold on what you would like to do. I just have seen so many people in the past, including myself, get caught up the glitz of the penny market only to lose everything that I made back time and time again. I'm glad that you are asking questions, thats the only way all of us will learn! Helping each other is the reason that this is the only board that I post on. AD has assembled quite the team here and everyone has a specialty in something. I do want to commend you on leaving the stock WITH PROFIT. This is one of the biggest downfalls of a lot of investors that they think a stock is just going to keep going up, up, up and they never sell before the crash (especially in pennies). Because the problem is once it crashes, everyone tries to jump ship at the bid and creates snowball effects.

I'm sorry that my message came across wrong. I wasn't trying to attack you at all. I just know how the feeling is, I've been there many, many, many times and know how you felt. Just wanted to let you know that you weren't alone.

Good luck bud!