I hear what you're saying. But do you know how man
Post# of 2913
I've been in plenty of trades where there was supposed to be some massive RM or buyout or regular merger, and nothing ever came to fruition and shareholders were destroyed. That's why I trade short term now. I was even in a play awhile back, GLER, where all the DD checked out. But everybody was in bed with everybody, and every PR and filing ended up being a complete scam. They got shut down by the SEC. I lost $20,000 in that play. I remember that day quite clearly when the SEC suspension was announced. But I was a good trader and was "keeping the faith" and "staying patient". Those strategies cost me a chunk of change.
I'm not suggesting that will happen here. I'm only suggesting that there's more money to be made in penny stocks by flipping instead of holding.
I wish no harm on anyone (well, except maybe the worst of the worst bashers and pumpers...LOL). I hope you make your big bucks here. I have 2.3 million shares here. That number could go up or down based on the momentum of the stock. I probabaly won't be holding more than 1 million shares going into the "big news". If I'm wrong and miss out, I can live with that.
Best of luck.