Friday, October 29, 2004 12:29:37 PM
There were a lot of shares out there that were bought at below $1 and even this week some were bought below $2.
If you do not have a long term view for this stock and/or you do not trust Matin, selling shares for a 50 to 100 % profit within a week or so is quite attractive.
Unfortunately (and that is not only true on pinksheet) there are a lot of people (small or big) manipulating the stocks and having no interest whatesoever into fundamentals.
In our case, we also have to recognize the lack of credibility people (justifyably) have for Matin and running away with a profit is not that bad a strategy.
As my broker keep saying, a profit is a profit, is a profit. You should never regret it.
May be I should listen to him ??? But I want. With this speculation (it's not yet an investment) I'm in for the long run (unless the run is stopped out of my control).
Patiently,
Roger
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