posted
A stock being up 10,000% when the day starts is risky in itself to buy in.
If you (or anyone else) knew it was going to hit .51 (don't forget the close @ .23), more people on this board would have played it.
Posts: 3026 | From: Chicago | Registered: Oct 2005
| IP: Logged |
posted
HEY STOCKTRADER MAN THANKS A MILLION. IREAD YOUR POST AND BOUGHT AT .045 AND SAW THE POTENIAL OF THIS REVERSE MERGER AND SET A GTC AT .50 AND IT SOLD HA HA OWE YOU ONE LOVE YA THE DUKE
Posts: 251 | From: nashville | Registered: Jan 2007
| IP: Logged |
quote:Originally posted by Homersbud: A stock being up 10,000% when the day starts is risky in itself to buy in.
If you (or anyone else) knew it was going to hit .51 (don't forget the close @ .23), more people on this board would have played it.
dude i know you've been here for a while, I trade mostly big board now, but have come back for some pennies. This was a no brainer, it is a spinoff from a legit nasdaq company, AMIN, it was a clean shell with 50mill O/S the company merging in has a website and has been in busienss since 1958 and is in the oil and gas sector.
How many times have you seen reverse merger clean shell's not break out?
I didnt think it was going to .50 today but at .05 it was a STEAL
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
| IP: Logged |
posted
Delta has 20M in revenues, 50M O/S and 8M float, and shell has no debt. Fair value would be somewhere between .50 and $1
Posts: 463 | From: Virginia | Registered: Apr 2008
| IP: Logged |
quote:Originally posted by Homersbud: A stock being up 10,000% when the day starts is risky in itself to buy in.
If you (or anyone else) knew it was going to hit .51 (don't forget the close @ .23), more people on this board would have played it.
dude i know you've been here for a while, I trade mostly big board now, but have come back for some pennies. This was a no brainer, it is a spinoff from a legit nasdaq company, AMIN, it was a clean shell with 50mill O/S the company merging in has a website and has been in busienss since 1958 and is in the oil and gas sector.
How many times have you seen reverse merger clean shell's not break out?
I didnt think it was going to .50 today but at .05 it was a STEAL
I've seen it many times, but I've also seen other times where the RM does nothing.
I just wouldn't buy a stock that is up 10,000%. That's just me. Now if I knew it was going to hit .51, you're damn right I would have played it.
Oh well, good luck with it. Made a killing already, I'm sure!
Posts: 3026 | From: Chicago | Registered: Oct 2005
| IP: Logged |