Tuna,
Glad you mentioned CPST. I had a nice amount of shares of it and got fed up with it going nowhere so sold. It might be time to revisit.
I know DPDW has made a lot of money for people and I've made money on it too, but I've decided not to trade it anymore. I'm sure if you hold it and sell into strength on a big run you'll do great; however, with me I get so irritated for I'll ask a price .01 less than what the ask is and they won't even show it on the streamer. To me it is a highly manipulated stock. I trade a lot of OTCBB stocks and some pinks. DPDW frustrates me more than any of them. Consequently, I'm going to look elsewhere to make my money. Yesterday I was trading MS and of course it's a much higher priced stock, but I was moving in/out so easily and made a much better profit on it than I did on DPDW and I just thought to myself I was better off doing that than dealing with a stock that wasn't easy to have orders filled.
Don't get me wrong, I'm not bad-mouthing DPDW. I think it has great potential and the prices that we paid were very good. I, personally, just don't do well with it for short-term trading for they'll list prices going through that when I ask the same amount they don't even fill my order. Maybe it's that they don't like me. LOLLLL
Anyway, good luck to all of you in it. Know you will do well.
For anyone that shorts or buys options on the BB, I think SVNT is ripe for a fall. Insider transactions are all sells. There's not one buy. moneycentral.msn.com
It ran up on trials of its gout medicine. I read the data and the trial is not without its problems. Regardless, my husband takes Allipuronal(sp?) to prevent gout and it does great without any side effects that we've detected. In addition, the chart says it's overdone.
RIGL had a move up yesterday. I have no shares shorts, but kept my puts which are March S22.50 ones. I really think this stock is coming down to the teens even if it does have a bounce here.
Lexi |
