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Sunday, 11/05/2000 3:58:08 PM

Sunday, November 05, 2000 3:58:08 PM

Post# of 41875
Those trades that got posted after the bell are settles from a heavy trading day that didn't get posted during the day. On a day where there were 3 mil+ shares traded and hundreds of trades a couple trades will get posted late while the MM are settling the days action...I'm talking about VDOT here but it happens with lots of stocks on heavy trading days...

Gee, I keep getting email from the NVEI believers...we'll see...same with PCBM...

Lot's of people are sure PCBM is going to rocket here soon. I have no position in that one still...I like VDOT and NVEI better but like I said if you are the super high risk taker type $1000 in PCBM could pay off handsomely...or not...the way I look at it the chances of them making back to .15 are high so there's an easy double of course people are predicting much higher numbers than that...if VDOT really moves up here in the NT maybe I'll take my own advice and put a grand in...but for now I'm just watching...

VDOT on the other hand I have been watching and DDing since I botched the NASDQ timing. The company is sound. The CEO is solid. TAME classes have been consistantly full. Many people find it hard to believe that it went all the way down to where it was...a lot of people whose opinion I respect and who do good DD all said about the same thing "our DD can't be this far wrong." So look at VDOT as a heck of an op to make money.

That was a hell of a buy under a buck...for the second time. I sure hope you all averaged down if you could afford to do so. The wild ride continues with that one...but for now it's up...a welcome change...but remember even the strongest ones don't go straight up all the way. The Bounce around pull back fill in climb higher especially with the OTC. Over on the other boards for VDOT it's a emotional roller coaster as well. It goes back up to a buck and change and suddenly everybody is a prophet and big numbers are being bandied about.

I had somebody write me ask if they should mortgage their house. To which I replied only if you can afford to lose it. VDOT is and OTC. It looks like a sure bet but it's an OTC...I wouldn't bet my house on an OTC. With VDOT my car maybe...anyhow I say it again: Strong buy up to 1.80.

You should have it lower than that because you have had ample op to average down under a buck.

Let's say you put $10K at 5 bucks picked up 2K shares and then watched that investment drop all the way down to the .high .50's. You put $10K the same DOLLAR amount into it again...you now get 18666 shares...for an average of 1.07...even if you waited (or missed depending) and got in in the .80's your average dollar cost would be 1.38...it should have been pretty clear despite what the bashers said it wasn't going to a dime and under a buck it was a buy.

(Not to mention I posted emailed and told people about a thousand times that it was a super strong buy under a buck and if you got in on the way down this was the time to average down.)

This is called dollar cost averaging. Not share cost averaging, dollar cost averaging. DCA you see me use the term often. With DCA the fluctuations are your friend...

Now it's on it's way back up. The strong buy ends at 1.80.
After that it goes to buy. You should be in under that by now no excuses. I don't want a single email or or post here whining like a wheenie about how lucky I am to be in at such a low average or how you got it at 8 and lost money because you panicked on a dip and sold...or how you decided it was a buy after it puched thru 5 bucks again.

Buy the dip sell the rally. Now the question has come up when is it not a buy any more and when to sell. Your call. I am waiting for 10 as most of you well know. At that point I plan to take out my initial invest ment plus 100% and ride the rest.

On the way to $10 hopefully we get a few good rolls. The amount of shares I plan to ride is 50K (or more depending) on how the rolls go. Bare in mind those will be free shares and VDOT will have actually paid me to own them. I got to this point once before and then blew it. It will not happen again. (I had 50K shares and had cashed out just over $100K) but I started buying again way too high...

Now , after ten could it do the wild thing and go to 100? I still say yes. Charting will be of much more use by then an on that ride there will be great ops for rolling and depending on news more buying...but that's a long way off and it's getting ahead of ourselves.

Playing this ride from here to ten over the next 4 months or so (or however long it takes) can make you wealthy...you've been give a second chance try not to blow it...(that goes for me too...)

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