Posted On: 01/22/2015 2:43:49 PM
Post# of 96881
Re: PowerPuncher #8815
I've seen this before in other OTC stocks right before a meteoric rise in pps. It's typically a coordinated final assault after an extended period of slow and painful pps breakdown. Capitulation designed to eliminate week hands once and for all. Then move in and buy like a mo fo. Remember "Trading Places", Randolph and Mortimer Duke? Don't allow your emotions to get the best of you. Don't be Duke!
When there's blood in the streets, check your emotions at the door, remember why you bought the stock in the first place, then ask yourself, " what's changed, anything fundamentally go wrong?" If nothing is fundamentally gone wrong, Buy Baby Buy! That's what I do anyway and so far it's served me well.
I'll leave you with one final thought, many will sell into the fear and lose real dollars while to a lesser extent some will merely take a temporary paper loss. It's like those who make the french fries and those who own the restaurant. Know what you own or own nothing at all.
Atlas1
NTEK... GET SUMMM!!! ....more
When there's blood in the streets, check your emotions at the door, remember why you bought the stock in the first place, then ask yourself, " what's changed, anything fundamentally go wrong?" If nothing is fundamentally gone wrong, Buy Baby Buy! That's what I do anyway and so far it's served me well.
I'll leave you with one final thought, many will sell into the fear and lose real dollars while to a lesser extent some will merely take a temporary paper loss. It's like those who make the french fries and those who own the restaurant. Know what you own or own nothing at all.
Atlas1
NTEK... GET SUMMM!!! ....more
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