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Re: Ex Blockman post# 48443

Sunday, 01/28/2007 12:20:29 PM

Sunday, January 28, 2007 12:20:29 PM

Post# of 82841
Yes, until we get Audited financials PE ratio's are virtually meaningless. Momentum and news are typically the driving forces to sharp upward movements of penny stocks.

There is a pattern I've noticed with sudden movements though, and CYKS Friday action matched that patter very well.

- Day one, news, jump in volume, stock up 25%-35%.
- Day Two, word spreads, other tidbits get out, stock jumpts 40-60%.
- Day three, momentum traders jump on board in droves, stock jumps another 50%-75% to settle around the midpoint of the day.

The first hour on Monday should give us a good indicator of whether higher than average volume will continue. If we see volume trends in excess of 30 million, it should be a good day.

Just some speculate food for thought...





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