posted
I would suggest to them that this is not very wise. The stock would have to go up 20% just to break out even if the trade costs $10 each way. That isn't the best way to lower your costs IMHO.
Also, check out time & sales reports.
Trades = MM trades between themselves Bid = Buys Ask = Sells
Most of the volume today is "trades" and you will notice that at most "trades" it moves the pps one way or the other.
GLTA
-------------------- A day without dreams is just a nightmare!
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quote:Originally posted by samsam: Im just thinking of buying some so chances are it will start to tank. Then if i do buy some chances are it will go dry.
haha, i believe me and you are in the same boat. i'm in at .028 (yesterday at close). i'll be happy if i get out w/ $100 more, after taxes and commission.
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posted
justplayin i bought at .022 and its at .026. Let me tell whats going to happen now. I will watch this baby climb to new highs and at that point instead of selling i will hold until it gets back down to when i bought it. Ive learned alot in the past few weeks (MSEP) and this time im selling if i get to 50%
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posted
I have a plan that works out quite well. I buy my shares and sell 1/2 when it hits 100% gains. When that happens I sit on shares with only the cost of commission and taxes.
Note: I ONLY DO THIS WITH THE STOCKS I DON'T PLAN ON HOLING LONG.
I plan on holding PAPO and MSEP long as I have done alot of DD and believe in both of these investments.
So far, I own 18 different pennies that have cost me only commission and taxes
And, I have not missed the 100% gain on any of my pennies. You just have to hold, even if it takes a couple years and there is no R/S.
GLTA
-------------------- A day without dreams is just a nightmare!
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posted
i'd say PAPO has another run coming early in the week. oil prices still rising, closing on an up note friday, the way it was held in check by mm's friday. i'd say 5 oil stocks could be good plays monday, tuesday, PAPO, AKOL, OMOG, AIPN & TNOG. whichever start running could do well. if any of them add news as in pumping oil amounts or new well on line a serious run is possible.
-------------------- "keep your stick on the ice & your cup firmly in place"
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