posted
See, Purl, I agree that it is a scam. But I want to ride the scam. (not too long) You mentioned earlier today that we could ride the volatility. Do you think there is a good play here?
As you know my EOD order didn't get filled, guess we will see a huge gap in the AM based on the over 200 people that were in that chat room all salivating over each other and throwing out numbers like $100.00 per share!
Not sure where to get in at. I don't have that many funds, but I'd sure like to get rid of my deficit in one fell swoop.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss
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Personally, I am surprised this one has not crashed down to ten cents per share.
Jo, as more days pass, the closer this stock is to crashing. Get in early, get out early, and stay out.
This is only a speculation bubble and this bubble will burst and crash hard. Just a matter of time. Again, I am surprised this one has not already crashed.
If my choice, I would be looking at other plays.
Keep in mind, like our friend Blue, I am a very conservative and cautious trader.
quote:Originally posted by Jo4321: Not sure where to get in at. I don't have that many funds, but I'd sure like to get rid of my deficit in one fell swoop.
Jo
Jo..you know that i am also in this...but the statement above is the one reason you shouldn't... You shouldn't be playing with the funds that you "can't" loose..or that you are afraid to loose...perhaps that is why you have been making bad choices...you are "worried" about loosing it..
IF you "have" to get in i suggest you take a very small portion of the funds that you "worked hard" to get these past few days..and "play" with that...but when you push that buy button...say good bye to those funds..."pretend" it isn't needed back...tah tah...all gone...and then perhaps your choices will be better...
If you don't get back in...you will be kickin' yourself if it flies...if you get in and it tanks...you will kick yourself...
the shares that I sold today...I took 1/3 of the profits (all of it was profit...I had already flipped it a couple of times) and that is all I put back in...I really wanted to throw it all back in...but I didn't...it was hard..but now if I loose it...it's no big deal..i will make better choices...NOT having to get it back...
Just be careful...and YOU make your choice...but push the buy...and kiss the $ goodbye..it's the best way for me to trade!
GL!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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Just an added note...with this FHAL...I trade for myself..and in another account for my sister...I have made alot more $ with my account than I have with hers..but it's because it is her $ not mine..I care if I screw hers up...it's a mental thing...
lastly...when I try to "flip"...unless I am getting out of a stock "for good" I only sell half of my shares...particularly if it is trading so funky...like FHAL..if it goes up I'm still in...if it goes down for a bounce...I can get more...win win...
See ya in the am...night all!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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posted
There are several types of public shells, which are all very expensive. They are also usually loaded with liabilities. If you reverse merge a company into a public shell (which usually has 100 or more shareholders and a lot of shares in the float) when the stock price goes up these 100 shareholders inevitably sell the stock and the price collapses. This can be detrimental to a company trying to grow through acquisition. This is far more expensive than the up front price paid to do the reverse merger with the public shell. Please keep this fact in mind when you are dealing with reverse mergers or public shells. This point is absolutely critical to understand.
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by glassman: There are several types of public shells, which are all very expensive. They are also usually loaded with liabilities. If you reverse merge a company into a public shell (which usually has 100 or more shareholders and a lot of shares in the float) when the stock price goes up these 100 shareholders inevitably sell the stock and the price collapses. This can be detrimental to a company trying to grow through acquisition. This is far more expensive than the up front price paid to do the reverse merger with the public shell. Please keep this fact in mind when you are dealing with reverse mergers or public shells. This point is absolutely critical to understand.
you're quoting someone? That's usually what your bold indicates, yes?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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