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01/31/12 8:04 PM

#1638 RE: gumzsa #1637

I hear you on that man. KNBA only caught my attention sometime after the one day PnD.

I am still young (relative) and only have 1 year of real money penny investing experience, but damn I learned a lot lost year. I saw myself pass my EoY goal on one play only to lose it all and more.

However, losses are only (completely) bad if you dont learn from them.

Lose, learn, win.
Too bad those losing and learning stages will exist for everyone who ever lives and cares to improve, hah.

Big Brother

02/01/12 9:37 AM

#1643 RE: gumzsa #1637

Yeah I agree, I believe the longs have a good portion of the shares locked up waiting for a big payday as this is really one of the very few stocks out there capable of delivering one in a short time. I see some stocks out there with some pretty sizable long term potential but KNBA really has more of an immediate potential as they are already a well established company doing big time revenues.

Now that's not to say that there wont be those who get excited and wet their pants on ever bid uptick and sell a few shares, it's the nature of the penny stock beast. We saw it yesterday as there were people clamoring for shares and raising their bid and sure enough some one gave them some. I fully expect that to happen to a degree and the precise reason that FLD's don't work, they only work in theory.