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Author Topic: SRCO >>> Bottom Bounce?
Prdponce
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.10
 -

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Prdponce
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.10 x .105
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Prdponce
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.10 x .105
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Prdponce
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watch it
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Prdponce
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.11

.10 x 12

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The Phat Man
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what's up with this prd? it's very suddenly running pretty good on not much volume at all. good call (AGAIN ;-)

--------------------
Cashing checks in two forms: Money and Reality

GLTA,
The Phat Man

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Prdponce
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115 x 12

2 x1

could run

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Prdponce
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bouncing from bottom this thing was .75 last Nov
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Prdponce
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.12 x .14
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Prdponce
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.12 x .14

BId Getting thicker
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Prdponce
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.13 x 14
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Prdponce
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.14 getting hitted
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R.A.
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How can you condiser getting into this one, having in mind that the $volume is 14770 and there's not much volume coming in? If you get in, you might have a really hard time getting out. For example, getting * 0.10 and exiting at 0.14, is like ok... you made 40%, just looking at it that way, but in reality you might be stuck with the shares until volume kicks in and from there, you don't know what will happen to the PPS.

P.S. I'm not bashing or criticizing, I just want to understand your strategy there.

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Prdponce
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quote:
Originally posted by R.A.:
How can you condiser getting into this one, having in mind that the $volume is 14770 and there's not much volume coming in? If you get in, you might have a really hard time getting out. For example, getting * 0.10 and exiting at 0.14, is like ok... you made 40%, just looking at it that way, but in reality you might be stuck with the shares until volume kicks in and from there, you don't know what will happen to the PPS.

P.S. I'm not bashing or criticizing, I just want to understand your strategy there.

Follow the link and you will see how I trade these

http://www.free****sforall.com/prdponce/Trade.htm

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Prdponce
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oops never mind ... I daytrade, I am no looking to make a killing per trade , so on low volume stock such I these I buy no more than 10- 20K, $100-$200 per tick, small easy to get out...

10-15 round trips per day at an average of 100$ a trade do the math....

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R.A.
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Thanks but the link doesn't work even when I replace the **** by "stock"


quote:
Originally posted by Prdponce:
quote:
Originally posted by R.A.:
How can you condiser getting into this one, having in mind that the $volume is 14770 and there's not much volume coming in? If you get in, you might have a really hard time getting out. For example, getting * 0.10 and exiting at 0.14, is like ok... you made 40%, just looking at it that way, but in reality you might be stuck with the shares until volume kicks in and from there, you don't know what will happen to the PPS.

P.S. I'm not bashing or criticizing, I just want to understand your strategy there.

Follow the link and you will see how I trade these

http://www.free****sforall.com/prdponce/Trade.htm


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Prdponce
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**** = B l o g
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R.A.
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Just visited your page, I like the way you see things. Having a strategy and sticking to it is the key there.

GLTY.

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Prdponce
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quote:
Originally posted by R.A.:
Just visited your page, I like the way you see things. Having a strategy and sticking to it is the key there.

GLTY.

Thanks

I think this could have a day or 2 left in it... watch Monday

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Prdponce
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watch it

.13 x 15

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Prdponce
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.15 x 16
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