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Re: rob65737 post# 7233

Tuesday, 02/15/2005 4:00:29 PM

Tuesday, February 15, 2005 4:00:29 PM

Post# of 53980
rob65737 - This is "my feel" for the situation. I think FASC is likely to make the big initial run first. If I am correct, then I would hope to time it as well as James did in selling his ALMI--bought at .19 and sold at .80.

I like market timing--charts, overhead resistance, and all that technical stuff. For example, as i write this, FASC has had a high today of .045. Initial overhead resistance is at .045. Any close above .045 and I think we are headed for .05. Once we break through .05 and close above it for two days, there is a good clear road upward especially if good news is announced.

Right now I would not touch a share of my FASC. In fact, anyone who is not in, should jump in quickly. Somewhere within the next 90 days the stock could finally reward us handsomely.

At that point my thinking is to sell at a peak. Reason: there will be a waiting period for implimentation of the annoncements. As a few start taking profits, a cascading downward price trend--perhaps bringing back the stock to about half of its peak price.

At that point, the next ride up "will be serious". More mature investors will start realizing the long term potential of FASC. I would want to be "on board" for the big ride.

Now, in between, I want to take half of my proceeds from my initial sales and buy the new stock. The other half, I will hold in cash, looking to buy back into FASC at a lower price.
Finally, I am selling my membership in the cooperative in which I live. Will realize about $8,000. All of it will go into the new stock--if it remains so totally "undiscovered" as I believe it to be now.

So, Rob, this is a nice scenario of planning. But you can see that it has to be adjusted to many factors--and is only an ideal objective. I want to own both stocks, and do so in a way that maximizes my investment dollars. Dave

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