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Re: thepennypicker2004 post# 475

Wednesday, 03/17/2004 5:19:40 PM

Wednesday, March 17, 2004 5:19:40 PM

Post# of 358496
just my two cents worth....

if you watched mrdr the day the press release came out they jumped initially from .0001 to .01 and then worked their way up to .02 touching .03

mm generally jump the price before market ever opens and buying in will be done at a substantially higher price. No one says you have to invest now but a bit of patience will reward you in the long run.

IMO we're going to see the market correct for a bit probably see a short run in April back up to the 10700-10800 range and then hit a decline and the summer doldrums, and then see the market runup again in the fall closer to the elections. At this point your probably safer sitting on a stock and just waiting unless you know for sure something fabulous is going to come out on a company.

The way I see it the dow and nasdaq are both going to be a rough ride until august and I actually feel safer with a stock like this that has hit bottom. Don't know about you but I'm keeping my margin balance down until buying time this summer.
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