Well Joel, I think you and I have proved our point. You can make money trading worthless scams like GIFS/SEXI/BXMNF if you ride your winners and don't let profits turn into a loss. Like I said before good traders can make money being right only 30-40% of the time. There is nothing wrong with making a mistake trading GIFS (I have done it twice), the real mistake is to not see the handwriting on the wall. Fortunately for me I saw it crystal clear early on and changed my strategy for the better.
I have lot's of stock ideas that I'm interested in, but I'm not sure any of them are up your alley. I'm not messing with too many BB stocks these days, the major markets are captivating me. Watch out for FTEL though, insiders have been dumping boatloads of shares. One that I have taken an interest in is AVTH.
Do you think I should hold my spiders a little while longer? Yeah, I better. I'll have to see if we can make a run for a new high. Then I will be looking for a failed rally and licking my chops for some short candidates.
Good luck all you GIFSters out there. Remember GIFS guru says: "Never, never, I MEAN NEVER, hold a BB stock for the long term."
P.S. Now you know why I called myself GIFS guru many months ago Joel... |