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lowman

06/22/12 4:07 PM

#68517 RE: chambers52 #68512

Basically, that's what it comes down to. If people simply want a place to put money, KMAG 'seems' to be a good place, for a pinkie. The stable o/s and LT upside is probably the best reasons why.

For the short-term though, it's looking less and less viable.

I guess you could say 3/4 of me is a flipper and 1/4 is LT. lol

I tried going long all the way, but without a ROI after 30 days, I have to rethink my position. I can't afford to let my few dollars sit idle for months, like others can.



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Lonewolf1

06/22/12 4:17 PM

#68522 RE: chambers52 #68512

I am doing the same and will sit tight at least for now.

The current climate for daytrading pinks/microcaps is not as fertile as it was just a few months ago when there was a "mover" almost every day and several to play every day.

If I thought I could do better daytrading with the funds I have invested in KMAG I would bail too.

But one good piece of news would give me a lot more than the current market environment will give me making dozens of trades for a few ticks.

To each his/her own and GLTA.