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Re: doggone post# 22980

Wednesday, 07/14/2010 2:53:00 PM

Wednesday, July 14, 2010 2:53:00 PM

Post# of 61041
...and GE used to trade at $32.50, and GM at $50 before it went bankrupt. What's your point, that this penny stock hasn't moved up in a year? The entire stock market hasn't moved up in about a decade. Buying and holding stock, since 2001, has been one of the WORST investments in about 60 years. That's why the smart money is TRADING stocks, including the pennies.

This stock could be the biggest scam on earth, yet if it gets hot and a flock of buyers are attracted to it...for whatever reason...it will move up. That's where you take your profits, and move on.

You can post every fundamental bit of negative info on this company...and it means diddly in the penny stock world...because pennies trade on momentum, not fundamentals.