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Re: wallymac post# 48488

Saturday, 03/08/2008 12:09:23 AM

Saturday, March 08, 2008 12:09:23 AM

Post# of 97598
i am heavily invested (200K - a lot to me) in onmc right now. been buying on the dips to get my average down to .085. other than the accum/dist chart on onmc, i do not like the price action on onmc at all. i've been in many other stocks where everyone is preaching patience, and that when news come out it will move the stock up. i personally think, more so in pinkyland, price moves ahead of news, not the other way around. i also think, more so in pinkyland, if price is not moving up, then news is not imminent or anticipated news is not good.

the only reason i'm still in onmc is because of Steve Weiss. Since he's pretty much backing Aquagold 110% and putting his reputation on the line, i have to give him the benefit of the doubt and stick with onmc until i make a little profit. i do believe that it will be a sell on the news event when Aquagold releases contract details. i just hope that there's a run up to anticipation of contract details so that i can get out for a little profit. if there's no run up then that's a very bad sign.


patience kills in pinkyland. the only reason anyone holds a pinky for more than one year is because they're deep under the water, and not because of tax reason.