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Re: stock_observer_77 post# 1625

Thursday, 06/29/2006 12:17:45 PM

Thursday, June 29, 2006 12:17:45 PM

Post# of 2663
Hi-

Well, she's coming down just like she should!

Looking at the weekly and daily charts, it does appear that this stock should have some legs for a bit. I haven't done any DD, so I'm saying this purely by looking at the chart.

What's your strategy with this stock? Quick in-and-out, or long term buy and hold?

If it's long term buy and hold, then buying now is fine. If it's a quick in and out, then hold off and let it come down a few more pennies. But it's pulling back now like it was supposed to (well behaved stock we have here), and it may go a bit more. But yeah, anything below $3 seems like a good entry right now.

Good luck,

-Will

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