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wattar1

10/06/11 5:06 PM

#11 RE: Penny Machine #10

Hey man thanks for the reply, I do not have nearly as much experience as you, and I was wondering if you can give me some advice about this stock. Im guessing you have been trading it, I was thinking about doing what i told you, but I am not sure if this will work since i have not actually done it yet. If i was to buy at .0001 and wait for it to hit its huge percentage increases that seem to occur a couple times a month, will i be able to sell right after these gains and take my 1000% or more? Im just wondering if you have done anything like this or with your much greater experience can give me some insight about how this stock works.

Thanks alot
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wattar1

10/06/11 5:31 PM

#12 RE: Penny Machine #10

I see what you are saying, however with such high gains, are you not still making a ton of money even if the commission costs will hurt because of multiple executions. Say I put in 2,000$ at .0001, and it gains 1,000%, that is around 20,000$ is it not? But i believe what you are saying is that I would not be able to buy 2000$ worth of shares at .0001 all together nor would I be able to sell at .01 for my gains, is that correct? Only some will be executed at that price?