punters getting 'reamed', page-24

Oh well, here we go again. Do you guys have any idea how many companies get those please explain letters in a single week? It's a common standard letter sent out whenever vol and price movements seem to be out of the norm. You're right, those who paid 10c a share don't make money out of it (at least not yet) but neither did those who bought AMP at $6 and there were quite a few. If you bought into MUL at 10cents then something is seriously wrong with you and you shouldn't be trading the market at all if your goal was to make a daytrading profit. If you look at MUL durring a heavy trading day, you can spot the peaks easily. For example, there was a total of 21million shares for sale at 10.5cents. If you still go ahead and buy at 10c then nobody can help you. There is a difference between a gambler and a high risk investor and as long as you can't spot the basics then I suggest you don't trade. It would save us a lot of those whinching postings about MUL and investigations and regulators and bad directors. Let's face it: YOU are hitting the buy button regardless of what stock you buy. If you don't do your homework then you shouldn't blame others for your own actions. MUL is a stock that has potential not because of what the company did in the past, but because of the new service they offer. You either believe in it or you don't. If you do, then you bought at much lower levels and hold. If you don't then you stay away from it. It's not going to make a difference if you come back to post bad things about a stock after it moved up 600%. Strange enough the same guys who mentioned it would be trash at 1.8cents are still doing the same at 8cents and they will again do it at 15, 20 and 30 cents. Maybe these guys can explain their goals? I'm still postive for much higher levels by June/July even if some people believe that 600% is impossible after the stock already moved 800% form its lows. 1.2 Billion shares at 50cents a share is 600 million which seems a fair price at an EPR of 5-6 times. Yes, we only have a few millions today, but that's the early days and THAT is the reason why the stock is still volatile and trading the way it is.

Happy trading