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Old 01-06-2013, 05:54 PM  
MrMaxwell
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Join Date: Jul 2005
Posts: 10,057
I'm buying FARE this morning.. Talk me out of it

In my infinite wisdom of lack of trading brilliance, I'm going to buy a promo AFTER it has already gone up a good bit.

Just got a fresh e-mail from awesome over the weekend (one of the best promoters) and it's supposedly only a 10k (eur) promo BUT supposedly it's going to be ongoing (for two months) --- and it smells to me like the promoters got a pretty good sized position without letting anyone know.

http://www.otcmarkets.com/stock/FARE/chart
http://www.otcmarkets.com/stock/FARE/quote

As far as I know, since I didn't get in around $.15 I may lose my ass.. but what the hell. From my lack of knowing what I am talking about I'm feeling like this is going to go to at least sixty!! Also I have a made up figure of 85% certainty that it will either go 60+ OR drop down and find support around $0.15 (for awhile)

So there's a fictional 90% chance that I have a fifty fifty chance of losing half of my money or tripling it which may be an eighty five percent chance of tripling it!! I am an expert, now
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