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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

 
 
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Old 01-10-2014, 12:31 AM
I make oil's Avatar
I make oil I make oil is offline
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Join Date: Aug 2010
Location: Berwick LA
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Anytime you have these kind of short term gains on a penny stock like this you can expect to have people taking a profit and a fast fall off. I'm sure that it will have another bump just like this late this week early next. The next bump will likely hit over .50 when it does I'm out. Many people come in late to the game and try to get in on the second bounce. If I had bought in sooner I would have been out this time at .45. All these things come from playing stocks over the years. Most of the time I'm right sometimes I'm wrong. But its fun either way. Better than going to a Casino where you just watch them take your money. At least doing this you can try to make informed decissions.

If it had gotten down to the level it was on my first purchase I would have bought another 5000 shares. As it is I'm very tempted...... Unless something happens where the Govenment steps in and shuts all this down I expect it will bounce around quite a bit.

Last edited by I make oil; 01-10-2014 at 12:42 AM.
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