GREY:SMDWF - Post by User
Comment by
TAswingon Sep 23, 2015 11:29am
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Post# 24128056
RE:Always the same....
RE:Always the same....I feel you it is indeed upsetting to see how these venture stocks are being played. That being said, you can either play that game too and make short term money with the risk of not being there on a huge upside OR just let the day-to-day trading be and only do whatever you got to do to attain your target on that play.
I do both, but I didn't sell yesterday. I actually cancelled 0.13 orders since I believe this thing is going back to the 30's in a matter of weeks. I am convinced. That is how this stock plays out, I don't want to hear about the burn rate or the fact they are not making money yet, it's a venture stock. It doesn't matter that much unfortunately. As long as they keep making promises about revenues, contracts, possible M&A, it's all good. Sad but true. I think they are on right track though.