who lost on it / bs2000, page-5

re: who lost on it / 4620 Here is my response i brought a small parcel at 10c - knowing sandybeaches history of picking stocks and having them go backwards and having been hit by stocko on that other stock. And not trusting HC posters 100% as i am cynical this was my tactic.

Brought 20,000 SHN @ 10c for $2000 consideration
Then when it slumped down to 8c as i had an inkling something bad might happen _ delayed BFS of course ended up happening. So i picked up some at 8c (100,000 shares for $8,000) so of course when SHN recovered to 8.6c last week i offloaded the entire lot in 2x sales for a total amount of 10520 (profit of 520$) minus $90 for brokerage i was able to use my shorting averagin strategies to offset the ramped stock falloff into the subseqeunt bounceback.

I considered the same with KCG but decided it was way to risky sold at 8.5c there to took the loss and that stock kept falling to finish last week at 7c.

ORP is the current play stolwky although having brought at 3c and 2.8c the next reentry level is around 2c. The MACD and candlestick charts are showing further selling to come - ORP is much better quality the results last week were mostly positive cash position allows for nearly a year of outflows before they need more raisings.
Just suffering from resource selloff - ive cash ready to come in at 2c for the rebound (year low of 1.8c and year high of 3.8c - closing price of 2.6c last week)