Great write up John ,,
Having hard time listening to Let God be God ,, wrong version of Realaudio.. guess gotta spend all night now ,,
For those holding at higher price then todays closing ,,it might be prudent to do what I call a revenge buy ,,i.e., say I bought at 1 1/2 ,,and it dropped it to 3/4 ,,I would buy equal nos there ,, then my average becomes 1 1/8 th,, so next time if it goes to 1 1/2 you are not only even but will be in profit situation ,, at same token say you bought 1 1/2s and 3/4 and it went to 1/2 ,, I would buy it there again ,, knowing that there is a good chance that it will either hit 3/4 or 1 even ,, by this time if you can't stomach , sell the damm thing at 1 and get out even ,, the key is picking the bottom ,, and that is why you need the level II,,it's a live feed of buys and sells,, by not having level II ,,you are like a blind man walking in a new town ,, this monthly service for 200 a month looks expensive now but will save you money and let you sleep better at night ,,why ? Because penny stocks are just that ,, volatile and scary MM actions..
Good luck ..
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