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krammer1

04/27/12 8:08 PM

#2044 RE: smoothwall #2043

Omg u people panic this is the pinky market it might go to 0.2 on monday who knows

weatherfuel

04/27/12 8:55 PM

#2045 RE: smoothwall #2043

I can remember the days I followed these pinkie stocks all day day in and day out. I put 2k in an etrade account and made 60k in a few months and had the time of my life doing it. Now I just buy em and let them sit for a at least a week before I even look at them. I am not an expert by any means but the table is rigged for day traders that I am sure of. There are people behind the scenes who know the psychology of desperation and impulse. You cant hold a pinkie for long the vast majority of times that is a lesson any seasoned trader knows. But if you have a plan stick with it and leave the emotion at the door or you will get eaten alive.
And never use money you cant afford to lose.
If your not having fun with it don't do it!
This is really not investing..its gambling.
Have a plan and stick with it and enjoy the ride win or lose.
Oh, and honestly...I declared bankrupsy the following year so I know first hand what eating and drinking penny stocks is all about.