Monday, February 7, 2011

Added 1,950,000 shares of SNRS @.0002 to my position on potential NEWS!!!!

That's right, after holding this stock for what seems like an eternity, I decided to add to my position and average down on news that the Caveat Emptor has been taken off at pinksheets.com. They stated that major news should be reported within 24 hours. It doesn't really matter to me what the news is as it probably is some more BS fluff to get investors excited and drive up the stock price. After all, the company needs money to pay back all of the sleazy stock promoters for their promotion of the company. Honestly I cant wait to get out of this stock as they have proven time and time again that you cant trust them with there false promises of "increasing shareholder value", and not keeping the shareholders informed. Remember, I am not buying more of this stock because of the actual news, rather the false hope a news announcement will bring and in turn will drive this price up. My exit on this one will be around .0005 but could change due to the sleaziness of this epitome of a pump and dump....LOL!!!

Wednesday, February 2, 2011

Sold all my VCTY position @.0017 for a loss

Sometimes you just have to cut your losses and follow your rules nomatter if its a loss or a gain. In this case I sold all of my VCTY position @.0017 which equates to about a $103 loss. I jumped in this one without doing my research and just playing the news. It seemed as if the momentum was going to keep the stock climbing if they released another PR but the dilution the stock is doing and looking at the stock promotion campaigns the company has done in the past tells me that I need to exit asap. Lesson learned. On to the next one...

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