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Post# of 94197
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hmp660

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Re: roachcannon post# 5172

Thursday, 02/25/2010 7:05:14 PM

Thursday, February 25, 2010 7:05:14 PM

Post# of 94197
Actually, the chances of it hitting .06 are rather high. Historically, once these things make a strong break through .02 they tend to do pretty well for a pretty good while. Contrary to what most folks believe, so long as it does it in a healthy manner, the higher a stock goes the stronger it becomes as overhead supply gets chewed up. Personally, I don't care what PPS a stock is at when I buy it. I only concern myself with what it does after I buy it. One of the best trades I ever had was buying BEHL at .07.

-Dave-
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