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Microcap & Penny Stocks : MEGALITH CP (MEGH) -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (148)5/6/1998 10:32:00 PM
From: LastShadow  Read Replies (1) | Respond to of 430
 
"Who is selling?"
The ones who bought it at 5 cents of course.

I wouldn't worry too much about what is said about a stock on this or any other thread. Neither the number of trades or volume or mm action is ever going to be influenced about it.

Lets put all this in perspctive. Its just another penny stock. Buy a couple 10 or 100 thousand shares, go for the price movement and dump it. Then move on to the next one. Set a mental stop and exercise it if the numbers are telling you to, and exit when the profit is reasonable.

And Lankry, anyone that is doing DD will take your words, mine, and all the others with a huge grain of salt, if at all. So don't worry about it. To be honest, I never buy or sell based on what anyone posts. And no decent trader should. After all, there is a name for posting recommendations for a stock in hopes of getting others to buy so they can sell. It called hyping, and its absolutely ludicrous for anyone to think it has any affect.

And people neither love nor hate you for holding a stock - they don't care. They only care about knowing if they can profit.

lastshadow



To: Ga Bard who wrote (148)5/7/1998 7:08:00 AM
From: Logistics  Read Replies (1) | Respond to of 430
 
GaBard,

What the hell are you talking about. Scared that I am holding a stock - Why? That is ridiculous. What do you think I have a million shares of MEGH and I am going to dump it all at once. Yes Gabard I have two million in capital and I put at least 50K into each penny stock - NOT!! As a matter of fact I have a very small position due to someone's recommendation (not yours) and have been watching it. If you didn't want anyone IN IT as you say you should NEVER HAVE posted about it on the friggin internet. Furthermore, I have noticed that those few that get frightened and sell when I am in a stock (ridiculous) or write that they won't buy because I am in (which Sheri has written numerous times) have lost out on some BIG GAINERS. I had the decency not to throw it up in their faces.

Apparently my tremendous success on the Make 1000.00 A Week thread has brought me many loyal followers and others who are fraught with jealousy (not meant towards you personally Gary). Mike (BigDog), Tokyo and others who are now having their day in the sun are also fraught with followers and naysayers - this is par for the course.

I don't intend this post to act as the precedent for an ongoing argument between us Gary - we have been there and done that already. Best of luck to you in your endeavors and let's get on with it.

Jodi