InvestorsHub Logo
icon url

missionsman

06/16/11 10:30 AM

#6770 RE: makebank1 #6761

The good news of it going down is that some of us LONGS and NEW INVESTORS are able to buy these shares at a better price. I just bought some out of my trading profits from when I sold in the .05-.07 range. I have learned how to increase my position, when before I didn't because I let fear rule me. Now I allow myself to only trade a certain amount to buy and sell. I've been able to make around 8% - 15% on trades. Remember some are selling at this price because they probably bought under .01 and just want to secure a profit as it has been in a downward trend until it establishes strong support, probably in the .02's now.