Replies to post #42416 on FrankSpeech Network Inc (FSBN)

[wickw50]

Andy, You make a couple of good points. Regarding the R/S. JF originally set the R/S target for the purpose of getting to another exchange at .35, and in a recent interview he stated that it is not out of the question, and is still a possible option for that same purpose. However, he has not recently stated a pps target, and since it has been over a year since he mentioned the .35 target, I seriously doubt if that figure is still accurate.

As for your trading advice I agree with your strategy and have used it myself many times. However, many here are not accomplished chartists or have experience with influential MM activity. In a time of highly momentous up trends, the new investor should be very cautious in frequent trading as they can be left behind seriously. This is one time I advise the not so skilled investor to hold their shares and let the street work for them. glty

[Profe$$or]

Andy...if you flip...in and out..that is your business....but keep it to yourself...your posts tend to be negative and not positive...and you seem to be trying to "persuade" people to flip and sell etc......I'm tired of reading your downward spiral conversations

[jrod]

Well Put, using this method is very important IMO. I value this trading strategy greatly because mathmatically it sways the "Risk vs Reward" factor well in your favor for the short run as well as the long run. It allows you to take profits short term, hold free shares long term, play for the long term while minimizing loss, it increases your amount of shares held, minimizes risk, maximizes profits, and several more benefits all at the same time. But I do think that one should be very carefull not to sell to soon as well as to late and this is a skill on its own. Especially where a stock is very strong, because it is quite easy to "Miss the Boat". I use this strategy on EVERY stock I play and many times, even when the up trend fails unexpectedly, I walk away with profits. It is important to add that I do not flip(buy/sell) at just any run up or dip as in short term swing trading because this can be very demanding as well as costly if you miss the run you have been waiting for. So instead I choose to watch for medium term tops and bottoms using for example the 20 day moving average(with TA indicators). This is my 2 cents on what I consider the best trading strategy for any stock! all IMO of course.