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Strategies & Market Trends : The DD Maven
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To: Carl Brehm who wrote (207)2/17/2006 9:02:36 AM
From: creede  Read Replies (1) of 736
 
Carl,

I agree with you that money can be made on a P & D. I also don't fault anyone for swooping in silently, and then selling as quick as possible for perhaps a 50 to 100% quick gain. I know plenty of traders right now that have bids in for VWKM @ .0002. Obviously, if they get their fill they will then immediately put in a sell for .0003, or perhaps .0004 if they are really brave. There is still quite a bit of risk in that approach because, as we all know, it could easily drop to .0001 x .0002 on more dilution, or a r/s could be announced....all part of "the game". What I take exception with is those that setup shop as if a given p & D is a "long hold" when they know better. This type of "moronic pumper" is trying to make money off the investor that doesn't know any better.

"Personally I could care less where VWKM's millions are going."

I don't think you mean this....do you? Can you imagine all the evil that could be done with that money?

GB-ND
c
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