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Strategies & Market Trends : The DD Maven

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To: creede who wrote (291)3/29/2006 11:47:42 PM
From: jmhollen  Read Replies (1) of 736
 
Your question to me was an obvious set-up when I read it. I gave you the answer you asked for from my POV. With 35+ years in heavy engineering and 9 years in the Pennies, I feel comfortable with doing the Sinatra t-h-a-n-g - and it's working for me....

There will be no R/S for either PLNI ( until they move it to AMEX ) nor for RSHN anytime in the forseeable future. And, it's sad that you will miss out on the associated gains. I have multi-Baggers in each one already. I also have a little faith in the people involved, who I have come to know fairly well over time.

There are risks, but to me they are acceptable. I could trash my position in both the above equities without causing myself major harm - certainly don't see that happening, though. Sometimes the "..stock snob.." statistics do not tell the whole story by a long shot, and you can DD yourself blue in the bloody face and still not know but a part of the whole story. That's why the Mafia Stock Mobsta's use group-watch on stocks to gather the whole picture from everyone's vantage point and determinational forte's.

Whatever works for you, Creede. No harm - no foul.

John :-)

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