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Replies to #220 on USBC Inc (USBC)
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DoughDiligence

10/18/12 11:19 AM

#221 RE: EschewVice #220

'money management is an important part of my investment / trading strategy'

This is a suckers market for stocks with hot news. The US politics has yet to be determined. The US Congress is divided and in gridlock about how the future budget cuts will be made. Stocks rising on news and no earnings will usually fall back. I agree you should have waited for a pullback.

However, VSUL will be back up again. I fear that you might say - 'In hindsight's hindsight, I should have waited to sell my shares on the next news release.'

I invested in VSUL in April - so I have been watching it awhile. The CEO was buying big blocks at 10 cents before in August. Now, industrial companies have seen the technology. Things look better now than when I first bought - yet the stock is slightly cheaper. I may be buying more if I am not buying more DSNY.
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DoughDiligence

10/18/12 12:29 PM

#222 RE: EschewVice #220

It may be difficult to buy back into VSUL cheap.

On the level 2 picture, there are not a lot of shares available under 17 cents, although sellers will continue to appear if there is no big news.

http://www.otcmarkets.com/stock/VSUL/quote

I see 13 cent stock, then it bumps up to 15 cents, then 17 cents.

If you are great at watching a multitude of stocks and buying the best risers just before a huge rise before anyone else does, I would like to know your secret. I rely on buying a little early and waiting for my gains.