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Alias Born 04/19/2004

Re: drbio45 post# 154

Wednesday, 05/12/2004 11:23:08 PM

Wednesday, May 12, 2004 11:23:08 PM

Post# of 9294
I own stock to make money. Riding NEOP down from $1 plus to .43 just because it has good products/potential makes no sense.

I trade mainly, but not exclusively, by the charts and NEOP chart became a sell when the 50DMA was crossed. I like to chart trade companies I wouldn't mind holding long term. I used to be a buy & hold investor, but I happened on this group of short term traders who make these incredible trades. My own portfolio was up 175% in my first year of trading (the bb leaders do a lot better). Neop was mentioned on our bb at .44 cents and most got out at around $1. I think NEOP is going to be a hot one again. Quantix will make the company profitable. Riggs is a story the market makers can sell. My money is working elsewhere while I watch Neop for a reentry point.

Profiting in Bull and Bear Markets by Stan Weinstein is a great book that makes chart trading easy.

I am not a daytrader. I have held chart trades for as long as a year. I have seen your ID on Yahoo as we have traded GERN, IDEV, and GENR for good money.

I believe NEOP has good products and the potential to create a VTIV or ERES type chart.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y