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learning curve

04/10/12 12:21 AM

#18458 RE: euc #18456

Euc...you're doing great.

I really appreciate your enthusiasm to dig and learn....but most importantly bring this board to what it should be. No pumping, mslp imo's, and a few reality checks from the experience.

I'm having the same issues as you ,Euc, cant decide when to pull out, play a swing.

Can tell you this.... I tried a swings and the "BEST" I did was about 7.5% on 18% avg swings. U really dont know when or how big.


With MSLP...its like I posted a reply a few days ago - it had a picture of empty shelves once you opened the post. But the post title was "Shelves Look empty" and I thought the comment referred to the amount of Shares available because NOBODY would sell.

I loved the idea of the share price rising, just because we hold.

Facts are simple: company sells, company spends, company grows. MP has multiple venues to generate revenue. MP is testing these multiple venues to generate rev and is "ATTEMPTING" to take action/responsibility to be profitable. MP hides total significance of PRs.

Unknowns: We have no idea the true significance of todays' PR......company is/isn't sure how big and how many markets they want to compete. Co. unsure of cost moving forward with goals/ideas/markets to compete. Therefore impossible to communicate with shareholders! (the ONLY way that this is going to make the big overnight push that everyone dreams about {including me, caue I'm impatient} is if they we're hiding that they were going after FDA approval and had a few Olympians endorsing their products for the London Olympics 2012)....that being said I have complete faith in the value of this company long term.....dates TBA!

As far as trading regularly...its actually more about money management! Plain and simple! Luck too! Thats how I got in when I did! On a good day I know and appreciate my luck. Bad day and I bash myself!

If you got the time and the money to play 3 levels of resistence you will be very successful. If you only have the time for 2 or 3 levels you can get wiped out....then you'll tell yourself that you wish you didn't trade daily and sat and waited.

Good luck! Its my 2 cents! And I contradidct my own IMO's!

Keep the post coming! TRYING to be a realist not a pesimist.
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Bulldog2

04/10/12 12:39 AM

#18461 RE: euc #18456

My last advice, I promise :). Don't sell at this level, you are leaving to much on the table. You deserve it, hang on until they at least announce Q1 prelims. These guys really look like they are on a roll and they are NOT bumpers, if anything they have been too quite until recently.
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learning curve

04/10/12 12:46 AM

#18464 RE: euc #18456

Euc. Don't forget this either

Take everytthing with a grain of salt....including my opinion.

I wish the had an HONEST BUTTON! But they DON'T!

It's just as plausable for a shorty to "say its gonna go big" so you buy higher to .03....then short it.... or maybe the shorty goal is acutally .04, then short it.

Or a "Long" can tell you NOT to buy (sounds like a shorty)so he can continue to accumilate shares at a better price!(I thinks this may be happening now....as the last PR was sooooo blablabla with their history, but has MAJOR THEORY behind it! Your theories have been as good AND PLAUSIBLE as any!

Thats why I said you need to have a minimum of time and resistance levels, in accordance with money management.

You must have tight "LOSS" control or have 90% on they sidelines to avg down endlessly. Thats money management vs risk.

THINKING ALOUD!
MSLP LONG!