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Strategies & Market Trends : Paid Mailer Stocks

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To: peter michaelson who wrote (70)	11/25/2006 3:53:46 PM
From: Topannuity	Read Replies (1) of 1589

MDFI - got my copy today Was a big fool once by overstaying my welcome with one of these pump and dump deals. I received a mailer for a chinese gold stock KeyGold (OTCBB:KYGC). I bought in at 93 cents. Next two weeks it moved to about $1.25 and then flatlined for about another week. That's when I should've dumped. I never sold. Two years later its at 8 cents. Down 95%. Here's the lesson I learned: 1. Only get aboard if stock is a BOTTOM of its recent range. 2. Verify the "news" is not around a while already (following this board should help) 3. TAKE PROFITS where available. Don't fool yourself. These are not good long term holds.

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