Stock tip

[tony]

Yeah i've got my limit sell orders in place as well to take profits, but I keep an eye on drops everyday because i've watched level II trading a lot lately and seen that in BIEL, LLBO, and BZCN, market makers love to take a look at set sell orders and take them out in order to take your shares....

So it is taking a risk, but it is also taking a risk to put in lower limit orders and have mm's manipulate the market to knock out your orders and take your shares. Leaving you empty handed when the stock rebounds after the manipulation is over

MM's can gladly take out my limit order.. but then again its nowhere near the current levels. Pretty frustrating to see something you're so vested in get manipulated but that is the risk of Penny stocks. Personally I'm a go big or go home type of guy, 30% to 40% gains here and there are nice but I just can't sit idle when I see positions like BEHL and EXPH.

[ironchef]

MM's can gladly take out my limit order.. but then again its nowhere near the current levels. Pretty frustrating to see something you're so vested in get manipulated but that is the risk of Penny stocks. Personally I'm a go big or go home type of guy, 30% to 40% gains here and there are nice but I just can't sit idle when I see positions like BEHL and EXPH.

After having a run with the penny stocks, I'd gladly take a consistent 30-40% return any day of the week then the wild goose chase that is the pennies.