USA Technologies Inc (USAT)

[bigjeza]

Well it looks like you already have some nice gains on this one. If anything hold for over a year to get the better long term tax rate. Also if you hold past the year end you won't claim the gains until the next tax year or due april 2005.

Everyone has there own opinion of when to buy and sell on various stocks. We could be here all day discussing why we should sell and why not to sell. The fact is there is no right or wrong answer. It is rather what you feel comfortable with. It's hard to tell what people are feeling and when they are going to sell. These OTCBB stocks are VERY risky. Many day traders unfamiliar with investing, A ton of manipulation by MMs, and small companies with no profits.

IMHO the stock should stay at least over the .40 mark through year end. I like the institutional investor buying of this company (That is if the MMs don't naked short it down to .05)

I like the next quarter results reported in November. Looks very strong. It should at least keep people from selling. Looking for American Sales to Purchase Esuds products for revenues in 2nd qtr (10/31 - 12/31).

I don't think this will break a dollar without some strong eport contract sales. I need more input about the eport chip. The new vending miser technology is going to be added to the chip. I need to know if this will delay the eport chip availability. Not even sure when it is expected to be available.
Losses are also expected to continue in 2004. So far it has been proven the vending industry in the US has not been quick to adopt the credit card wireless technology. However I do think this is the way it is going. People just fear change. Once it catches on it should spread quickly IMHO.

Everything changes very quickly......