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Sunday, June 29, 2008 1:22:36 PM
You could have something happen that SHOULD raise the price up like crazy, and have the total opposite happen. It's been happening for years and will continue to happen.
Think too much into penny stocks and you will lose your shirt imo.
Nolan is a shark. Gotta watch him carefully. He's likely already made ALOT more than anyone would if they actually owned a chain and had it profitable for many years. He's old and trying to make some bank to enjoy and leave for his family. That's MY way of thinking and I believe it to be true. Be it with a flourishing company or figuring out a way to reap the benefits of a stock that shouldn't be traded that is, giving him instant bank while he leaves something to slowly be built on.
After watching this, in 5 years I believe it will still be around $2 and maybe have 5 stores. BUT that's just my opinion.
There's alot more stable growth out there that will roll faster that I won't have to worry about every hour of the day like a penny stock.
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