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Yeah I see what you mean Imake. Some small buys just to bump the bid price enough to sell out larger quantities. Don't know where the end is though.
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One day I'm gonna have 25K in my account so I don't have to worry about round trips anymore Homersbud. I've been stuck a couple of times with those things. Two of mine will roll off tomorrow though. The bad part is I took those two flags on two losers last Friday! LOL!!!
-------------------- "100 years from now it won't make any difference!"
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Boy I'll be glad when tomorrow gets here and my flags are gone. Then I can play the flipper and make a little extra green! I'd really like to work up to 100k shares on this one.
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These spikes happen all the time. The problem is finding them before it's too late. Earlier in the week FCCN had a nice spike, last week SWVC tore it up, now its CYBL turn.
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Oh well...I'll enjoy it while it lasts. I'll be able to pull my profits out in the morning and then I can just watch it ride on the rest. Here's hoping this one breaks the penny mold!!! I can't help thinking about SWVC though. Even though it spiked really high it settled back down into a price range that's still well above where it was trading in the .005 range and it doesn't look like it has anywhere to go but hope. I'm still banking on a long range profit on this one too after the initial fun run.
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IMAKE is right. This will drop once the momo leaves. What goes up, must come down...Only question is when will it fall? Just make sure you're out before it does.
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Looks like another sell-off happening. There's been a dump happening every 20-30 million shares traded. Then it picks back up. Wonder if it will this time?
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Don't worry Boo. Starting tomorrow I'm gonna play the flips, hopefully avoiding any flags. I can do one sell and then one buy back a day without any round trip flags. That ought to help. I'll get my profit back quicker that way.
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I really wish I hadn't let everyone scare me the first time when I had 100k shares. Everyone kept telling me it was going back into the .006's and I panicked. I should have followed my gut I guess. That's all I'm doing now...going with the gut.
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the trick is to keep from buying on unsettled funds. i don't have a margin. gotta keep the kitty happy though or you can really miss out. the price can be whatever as long as you get your capital back before it turns. then ride for free again.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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I've got a margin account but I've never had any trouble with it. I try to keep a close eye on it since the trades don't settle for 3 days. I think I've had margin call one time and that was for only ten dollars.
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