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es1

07/05/12 2:07 PM

#45510 RE: bananarama #45508

Totally agree with you Bob my numbers were just an example. But a 2000% pop would be caused by something. It would totally depend on what caused it.
I am positive you know what I mean when I say that 2000% is nothing here. I would not sell just because it hit 2000%. My battle plan is very fluid. I would adapt it to the situation. But look back to the initial pop here. The main spike was cause by over expectations. when it retraced to .08-.10 it was "fairly priced based on the speculation of a more level headed market.
That occurs on any stock that spikes big. If the PPS climbs 2000% and retraces back 20% it is time to take profits and watch for a bottom.
In KBLBs place I don't see a 2000% spike at the top I see it higher. I see the 2000% as the stable point after we have sales.
So my prediction would be closer to 15000% spike and reload at 2000%
But I totally get what you are saying.

Same thing applies to a spike down. If this was to drop to .01 tomorrow I would buy like crazy for the retrace up.
Depending on what caused it.