There are always some that makes millions on pump/dump. No diff than a Ponzi. Some early on make $$$. Most lose in the end.
Medaggie said:
There are always some that makes millions on pump/dump. No diff than a Ponzi. Some early on make $$$. Most lose in the end.
Medaggie said:
Company is about 600M cap. Two spikes for some unknown reasons. I may be wrong, but looks like a pump and dump. Last Q revenue 2.7M since pump 4 yrs ago. Its a dud.
HoustonAggie37713 said:wessimo said:
Brag when it is back to the level it was when this thread was started.
I'm up nearly $1.4 million on ABAT. I'll sell out well before it gets to that level and be happy with the millions in profit.
sts7049 said:HoustonAggie37713 said:wessimo said:
Brag when it is back to the level it was when this thread was started.
I'm up nearly $1.4 million on ABAT. I'll sell out well before it gets to that level and be happy with the millions in profit.
no you aren't
Medaggie said:
There are always some that makes millions on pump/dump. No diff than a Ponzi. Some early on make $$$. Most lose in the end.
South Platte said:
ABAT is certainly having a few good months. But we are looking at nearly 5 years since the play started. Many of us are consistently earning 10%, 25%, or much higher on individual trades, and doing so multiple times throughout the year.
It would be hard to calculate the cost/benefit of locking up capital for 5 years for an enormous run vs. having 40 trades netting 10% - 100%. For example, I'm up 65% on GKPRF and I've only held it for 2 months.
HoustonAggie37713 said:
I sold 25,000 shares in my retirement account. Will buy back in when it gets the coming haircut.