GREY:CWNYF - Post by User
Comment by
chad07on Mar 02, 2011 3:35pm
217 Views
Post# 18220950
RE: RE: RE: RE: RE: Level 2 to .115
RE: RE: RE: RE: RE: Level 2 to .115Well, ok.....you are VERY entitled to your own opinion as is everyone here. I learned several years ago, to only form a relationship between my money and a Co. with only part of ones holdings. The other part is to trade with. This Co. no matter what anyone says can go up OR down for many many reasons.... A couple pennies on an 8 cent stock is what some people wait all year for on a blue chipper (20-30%). Keep some, trade some. Doesn't always work though. :(
Story is good here, but IMO, there will be many fluctuations....THEY use these fluctuations to issue options, achieve financing, etc etc....many times at our costs (share dilution), so we should be able to use (trade) these fluctuations to protect and support our investment. I get tired of all the rides we must take if we just sit and wait, but like you said....it is just ONE of many styles of trading....yours can work as well.
As far as this stock goes....I watched those bids build and build yesterday, only to have them dumped into. Not saying it will keep happening, but it's possible. If the story is air tight, why would anyone be dumping into .075 yesterday, and why did it not break .10? I invested at .055 in the first place and I'm sure I will invest again...just not till around .065. I may never get them and that's fine with me.
I sold NO shares today at .085........I might end up being sorry for that.
IMO CWY will find it's way up....just not straight up. GO CWY.
Cheers