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flyersdh

05/02/13 12:16 PM

#9612 RE: Tinkerer #9611

You are dealing with slime Pinksheet MM's who do this in every pinksheet stock. This is not anything new.

My rec is to just put a limit order in and to be patient. Let the MM come to you.
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Realizer

05/02/13 12:34 PM

#9615 RE: Tinkerer #9611

Don't expect to get filled immediately may happen but only if they have a sale on the other side below your buy.

Do not use market orders! They will benefit the most off this and fill your order wherever they want.

Do place limit orders where you want filled and just watch price action closely to better understand how a stock moves.

I have watched individual stocks for months before ever trying to enter. This way I understand how it moves before I have skin in the game. Relieves some stress when you can look at day to day movements and say "I've seen it do this before".

A lot of individuals get shaken out of a stock with a loss then just to see it go right back up. Why? Because they trade off emotions instead of doing their homework.

Hope this helps!!!

GLTYA
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Nolerman

05/02/13 12:35 PM

#9617 RE: Tinkerer #9611

Flyers is correct, and the best thing to do is put your limit order in and walk away. Your mistake is staring at the computer minute by minute....this will make you question your move and ultimately chase price. You will always lose doing this. The MMs don't watch every tick, they let their computer do the work. You should do the same.