Hey, I agree with the 'eggs in one basket approa
Post# of 75002
Hey, I agree with the 'eggs in one basket approach' bigtime!
However... I just checked out the OTC short report a minute ago and discovered that I was (singlehandedly?) responsible for us not going down yesterday, because I flushed my other stock (the 4-5 percent a year stuff) and bought here. More.
I noticed that the shorters are down to 11 percent! I also noticed that I was about 1/3 of the total purchases yesterday. Glad I could help!
I admit, I got a little nervous at 9.5B and 1.2B and took a few profits, but after the corrections(administrative- not stock), I am back in whole hog and then some)
I can tell you one thing from personal experience however.
These mods have to be a little more light handed sometimes regarding bashing vs good Nanny advise, such as is rules for blue sky stuff.
You never know who is putting up a test message. If they aren't careful, they will learn about that the hard way, and will hear the fluttering wings of oversight about there heads.
AND THAT WILL COST US ALL!
I can easily see my yesterdays investment tripling over time, since I got back in between upper .07's with my last transaction hitting .0898 just before close.
I suspect we can break the resistance level at .16 and get to .24 or .25 when merger news, or production news, or even sales news hits. Here is where I have to put MY OWN blue sky stuff in - I do not advise share holders in any way and have no inside knowledge of any kind and ownership of these shares or any other is ever man for himself. Caveat Emptor!
RMHB Long and Strong!
Buy and HOLD!
stii_1