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Re: dougthebug0 post# 14

Sunday, 03/05/2006 3:38:28 PM

Sunday, March 05, 2006 3:38:28 PM

Post# of 2821
Doug,

You might get lucky, but again you might not. My strategy with what I perceive to be heavily undervalued stocks as this one is to get in with a small number of shares, and then increase their number if the price gets down. Got some @ 0.02, then more @ 0.015 on Thursday and Friday. Since I already have enough, I only bought 125K on Friday (it was the order that started to move the volume). If it goes further down, I'll be there.

This way I reduce the chance of missing the train. See my post on the GTEC iHub. Only had a small position here (180K), as the train left the station before I was able to add more (because of a messy 0.003 gap between my Buy order, and the lowest filled position). Sold 120M shares on Friday to add more shares of the above, and will keep the others for a while, just in case. Got in @ low 0.05's. See for yourself where it went by Friday. Could have added more, but, at least I had a good ride with the few shares I had. Hope you get the idea.

Mike

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