SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (10044)5/24/2006 6:55:35 PM
From: DaiTN  Respond to of 19256
 
I agree with you .30 has been a solid support for WWAT. Heck, I even thought .33 or .35 were decent entrances as I had loaded up shares in this range 3 times, and had made money in all three run ups since last September. The last run, I did best, loading up at .35 and sold at absolute high of .58.

However, the new dilutions made me think twice about buying at .33-.35 range. There are other players entering this stocks with cheap shares, and there is no telling if they won't dump for 50% return since they bought shares at .20.

I have limit order at .30 but it never filled, and that was only for 10% of my potential holding. I want to leave room to double down every 3 cents drop just in case I am wrong. It means I will double down at .27, at .24, and hopefully at .21. I think the chance of making money with WWAT is high in the long run, as the force will run it again to the high .50.

The hard part is to guess the bottom right now. I still think .27 is a very safe entrance. Hope it gets there!