InvestorsHub Logo

Jimmy777

08/07/12 4:44 PM

#50569 RE: Bernija1 #50566

What's the "D" at the end mean


Q is bankrupcy, never saw "D".

I'm in limbo looking for a reason to buy, I want to throw a few dollars at this; here's my thoughts/dilema, please tell me what you think folks.

Keep in mind, I don't care about news, etc it's a lottery ticket for me.

I've been watching this for a week or so sinse a friend of mine told me about it.

I started watching at .0002 and figured if it hits .0003 I would try to buy on a pullback to .0002 which would likely happen.

Buying at bid/ask .0001/.0002 and buying at .0002 the best I could do is lose half getting out at .0001.

Then today with no bid and .0001 ask left me in a WORSE position as buying at .0001 with NO chance of selling is a donation and not an investment.

Then the bid came back on and the bad/ask .0001/.0002 so thought damn I could have bought at .0001 but didn't.

Same scenario though, buy & sell at .0001 and break even less commissions, although my money doubles on my screen at .0002 it really isn't double as I can only sell at half the price my balance is showing, so just mentally fooling myself.

If I KNEW FOR SURE that I could get out at .0001 at any point, I would buy $25,000 worth of this at .0001 and use the $50,000 it would show on my screen as $100,000 day trading buying power but there is no guarantee the bid wont go and stay at zero.

Anyone educated on the day trade buying power scenario I'm looking at, please let me know if I'm looking at this correctly or missing something.

Thanks!